6 month Treasury Bills Hit 4.19%

6 month Treasury Bills yield have reached 4.19%. This is up from 3.77% reported for 6 month bills last week.

This is compared to Singapore Savings Bond last tranche average of 3.21% over 10 years

Applied for T-bills

Applied for $5000 worth of T-bills (6 months cut-off yield at 3.77%).

Topped up my SRS account with spare cash and applied for the T-bills.

Given the interest rates,  it is probably better than fixed deposit rates.  Besides that, I get tax reliefs for topup to SRS account too.