The latest Singapore six-month Treasury bill (T-bill) is offering a cut-off yield of 3.7 per cent, according to auction results released by the Monetary Authority of Singapore on Thursday (May 9). This is down from the 3.74 per cent offered in the previous six-month auction, which closed on Apr 25. Demand rose in the latest tranche. Applications totalled S$16.3 billion for the S$6.8 billion on offer, representing a bid-to-cover ratio ...
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