Tuesday, February 7, 2023
HomePassive Income4.4% yield T-bill: Sanity or herd mentality?

4.4% yield T-bill: Sanity or herd mentality?

Common readers may do not forget that AK did not sound too enthusiastic about 6 months T-bills anymore in a current weblog.


Merely put, the yield was falling and promotional fastened deposit rates of interest from the banks had been equally engaging or getting extra engaging for a 6 months tenor.

Too lazy to enter particulars once more right here and a few may be offended if I do.

So, for many who do not bear in mind or want to refresh their reminiscence, see:
SSB, T-bill, “Fed up.”

Nonetheless, I used to be anticipating a minimum of a smelly smelly 3.8% p.a.

That will not be very engaging however it might nonetheless make sense for individuals attempting to get the next return with their CPF OA cash.

Though I used to be not very , in the back of my thoughts, I used to be questioning if I ought to strive my luck?

In spite of everything, it’s an public sale and I may very well be incorrect and I stated so within the weblog.

Nonetheless, what piqued my curiosity was a reader’s remark within the stated weblog.

Keng speculated that some individuals may play onerous to get and push up the yield.

I discovered his remark attention-grabbing and I even made a YouTube video out of it:

Anyway, I put in a $10,000 non-competitive bid simply to tikam.

Effectively, the remaining is historical past.

4.4% cut-off yield!

That is the very best ever since I began my T-bill journey in October!

100% allotted too!


Ought to have put in a bigger sum.


Think about betting on 4D and getting the primary prize after we betted solely $1.

Sure, comparable feeling.


It is sort of a field of goodies.

We do not know what we would get.

Auctions are like this.

So, did sanity return to the T-bill public sale?

Or was it merely a case of herd mentality?

Fairly probably, like me, many had been anticipating the yield to be decrease.

So, fairly probably, many who participated earlier than didn’t take part on this public sale.

Now, with this “earth shattering” 4.4% p.a. yield, might we see an elevated curiosity within the subsequent public sale this month?

I might hazard a guess however I believe I can’t.

Too hazardous.


Huat ah!

Associated publish:
4% p.a. 6 months FD promo. 

Just lately printed:
Purchase crypto in 2023. Jialat.


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