The cut-off yield on the latest Singapore T-bill auction on 5 December fell to 3.0%.
The cut off yield for the 6-month Singapore T-bill (BS24124Z) auction on 5 December fell to 3.0% from 3.08% in the previous auction on 21 November.
The total applications for the 6-month Singapore T-bill amounted to S$17.4 billion, a significant increase from S$13.7 billion in the previous auction.
In fact, this would represent the second highest level of applications for T-bills this year, surpassed only by the S$18.0 billion of applications on 1 August.
The increa