News Formal

T-bill yields could stay above 3% and remain an investment option for cash and CPF funds: Analysts

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Market watchers expect yields on the Singapore T-bills to hover around current levels of 3.5 to 3.8%

The cut-off yield on the one-year auction of Singapore Treasury Bills on April 18 is back up above 3.5 per cent.

Market watchers expect T-bill yields to hover around 3.5 per cent to 3.8 per cent, given that the United States Federal Reserve signalled on April 16 that it will wait longer than previously anticipated to cut rates. Mr Wong Di Ming, research analyst in the bond research team at Bondsupermart, said tensions in the Middle East have pushed up oil prices, which have helped keep inflation high.

Mr Phoon expects yields on six-month T-bills to stay at around 3.65 per cent to 3.85 per cent, while one-year T-bills will be around 3.5 per cent. T-bills continue to offer returns for investors who have spare cash or who are looking to park the funds in their Central Provident Fund Ordinary Account .

Investors will have to decide where to put this cash and OA funds that have matured or will be maturing.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 8. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Job vacancies hit 6-year high with 47.3% surge in Singapore’s labour marketThe increase in job openings was predominantly propelled by business expansion and restructuring initiatives across various sectors
La source: IndependentSG - 🏆 2. / 72 Lire la suite »

Singapore-backed platform CAD Trust boosts transparency, covers 85% of carbon credit marketCAD Trust was founded the Singapore Government, World Bank and the International Emissions Trading Association.
La source: straits_times - 🏆 5. / 69 Lire la suite »

Singapore-backed platform boosts transparency, covers 85% of carbon credit marketClimate Action Data Trust was founded the Singapore Government, World Bank and the International Emissions Trading Association.
La source: STForeignDesk - 🏆 4. / 71 Lire la suite »

Stagnant growth plagues Singapore's workspace marketpstrongDemand only grew 1% since 2019./strong/p pDemand for flexible workspace in Singapore has increased by only 1% since 2019, indicating a stagnant market.
La source: SBRMagazine - 🏆 13. / 51 Lire la suite »