The cut-off yield for the latest issue of 6-months SGS T Bills BS25117E crashed to 1.44% per annum. As you can see from the above, the returns from Singapore Treasury Bills had fallen to all time low. Despite the fact that Treasury Bills and Singapore Savings Bonds are not an apple-to-apple comparison, the latest issue of Singapore Savings Bonds (SBOCT25 GX25100S) gives you 1.56% return for the 1st year.
If you are new to Singapore Treasury Bills, SGS T Bills are short-term debt instruments issued by the Singapore government to raise funds for its financing needs. These bills are typically sold at a discount from their face value and mature in 3, 6, or 12 months. They are considered a safe investment as they are backed by the Singapore government’s creditworthiness.
Investors can purchase these bills directly from the Singapore government or through designated financial institutions. Treasury Bills are often used by investors as a low-risk, liquid investment option with a fixed return.
The Announcement Date and Auction Date of Singapore Treasury Bills can be found at Monetary Authority of Singapore (MAS) website under Auctions and Issuance Calendar. The issuance calendar 2025 is available below. For convenience, you can also download a copy to keep on your computer’s desktop.
Singapore T-Bills Calendar
For convenience, I am sharing the Singapore Treasury Bills (T-Bills) Auction and Issuance Calendar here. If you need the Treasury Bill results such as the status of each issuance, please refer to Treasury Bills at MAS website – Auctions and Issuance Calendar.
6-Months T-Bills Calendar
1-year T-Bills Calendar
Tracking of Singapore Savings Bonds (SSB) and Treasury Bills (SGS T-Bills) All in One Place
Stocks Café is probably the only software that I know which allows you to track your purchased Singapore Savings Bonds and Treasury Bills (T-Bills) all in one place together with your stock investments. This makes it easy to track your total net investments.
Stocks Café allows you to create portfolios. You can use portfolio to different your investments. For example, I created three portfolios in Stocks Café, namely Stocks, Singapore Savings Bonds and Treasury Bills. This allow me to categorize how much I allocate for each investment.
SGS T Bill versus SSB
The cut off yield of the latest issue of SGS T Bill (BS25117E 6-Month T-bill) sunk to 1.44% per annum. The 1-year return from latest issue of Singapore Savings Bonds (SBOCT25 GX25100S) is even higher at 1.56% per annum. The effective interest rate for SBOCT25 GX25100S is 1.93% if you held it for 10 years.
As such, I would rather park my money with Singapore Savings Bonds given the 1-year return is higher than SGS interest rate.
My Thoughts on SGS T Bills BS25117E
With the possible upcoming Fed rate cuts when they meet in mid-September, I am expecting the returns from Treasury Bills and Singapore Savings Bonds to fall even further. I will look at better places to park your money such as any of those high interest savings accounts or fixed deposits. Alternatively, it is time to look at REITs because REITs benefit in terms of borrowing when interest rates are low.
This is not a sponsored post and solely based on my own research and opinion. With falling interest rates, I believe everyone like me is looking for the best place to park your money to earn extra cash.