Here’s what to expect for the T-bill auction on 3 July

What happened?

There will be an upcoming 6-month Singapore T-bill auction (BS25113W) on 3 July 2025. Recently, we've seen the cut-off yield for the Singapore T-bill decline to 2%. However, demand for the T-bill remains fairly high, as many investors continue to rely on the Singapore T-bill to generate passive income.  In this post, I’ll walk you through some of the latest indicators to help us gauge what the upcoming cut-off yield might be, and it might still be worthwhile applying for the T-bills.  Source: MAS

Here's what to expect for the Singapore T-bill auction on 3 July

#1 – US bond yields

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