Based on the latest T Bills results, the cut-off yield for 6-months Singapore Treasury Bills (SGS T Bills) BS25116A is 1.59% per annum. As you can see from the above, the returns from Singapore Treasury Bills had fallen to all time low. The 1-year return from latest issue of Singapore Savings Bonds (GX25090A) is even higher than this latest issue of T Bills.
Do you know what are Singapore Treasury Bills? Singapore Treasury 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.
Should you invest in SGS T Bills or Fixed Deposits right now?
DBS Singapore continued to offer the highest fixed deposit interest rate at 2.45% per annum for a 12-months tenure. The next best contender goes to MayBank2u Singapore where the bank is offering 1.75% per annum for a 6-months fixed deposit placement.
Given that there are already 2 banks whereby the return is higher than this issue of SGS T Bill, I will place my money in fixed deposits instead.
Comparing SGS T Bill with SSB
The cut off yield of the latest issue of SGS T Bill (BS25116A 6-Month T-bill) sunk to 1.59% per annum. The 1-year return from latest issue of Singapore Savings Bonds (GX25090A) is even higher at 1.71% per annum. The effective interest rate for SSB SBSEP25 GX25090A is 2.11% if you held it for 10 years.
As such, I would rather park my money with SSB SBSEP25 GX25090A given the 1-year return is 0.12% higher than BS25116A 6-month T-bill.
My Thoughts on SGS T Bills Singapore BS25116A
It is very disappointing that the cut-off yield from SGS T bills continue to decline with every new issue. There are better places to park your money such as any of those high interest savings accounts. I will continue to skip SGS T Bills as the cut-off yield is extremely poor!
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.