Since June 2022, I have been investing more into Singapore Government Treasury Bills (T-Bills) and Singapore Savings Bonds (SSB). This is because interest rates are rising during past few months. I have not seen such high interest rates for a very long time.
To give an idea of rising interest rates, the following table shows money invested in SSB and T-Bill.
|SSB||Date Applied||Yield (%)|
|BS22119T (6 months)||26-Sep-22||3.32%|
|BS22120E (6 months)||7-Oct-22||3.77%|
|BS22122Z (6 months)||4-Nov-22||4.00%|
|BS22123S (6 months)||18-Nov-22||To be determined|
Cut-off yield for BS22123S T-Bill is 3.90%.
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