Is the 1-year T-bill better than the 6-month T-bill and fixed deposits?

What happened?

The yield on the 6-month T-bill has fallen over the past few months.  The cut-off yield on the most recent 6-month T-bill (BS25101F) declined to 2.99% from 3.05% in the previous auction. At the same time, fixed deposit rates in Singapore have declined in recent months too. This led some investors in the Beansprout community to ask if it might then be more worthwhile applying for the upcoming 1-year T-bill. There will be an upcoming 1-year Singapore T-bill auction (BY25100H) on 23 January 2025.  In this post, I will be looking at some of the latest indicators to find out if it is worthwhile applying for the 1-year Singapore T-bill. Source: MAS

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