T-Bills September 2022 RatesKick-Start Your Investment JourneyT-bills are short-term Singapore Government Securities issued at a discount from their face value, and they pay a fixed interest rate. Their maturity periods are as short as six months and a year, with six months being more common.
Second, is to foster the growth of an active secondary market for both cash transactions and derivatives to enable efficient risk management. So for instance, an investor who buys a six-month T-bill worth S$10,000 with a yield of 3% p.a. need only pay S$9,850 upfront. At the end of the tenor, he will receive the full S$10,000 and therefore earn S$150.Singapore is one of just 11 countries in the world — including Finland and Switzerland — that have the AAA credit rating. And since T-bills are backed by the Singapore Government, they are considered a very low-risk investment .
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