4.28% 6 months T-bill is very nice!

Well, the results are out bright and early this time.

I know it is the afternoon and not morning but it is still very bright.

4.28% p.a.

Very nice or even if you don't think so, I think it is not too shabby.

More than the promotional interest rate of 4.0% p.a. offered by CIMB for a 6 months tenor makes me happy enough.

In fact, it is more than the 4.2% p.a. offered by CIMB for a 12 months or 18 months tenor.

As an investor for income, I can't complain.

Well, I suppose I can but I won't.

What makes it even better?

I got 100% of my application filled!

Source: MAS.

Contented.

Now, I wait for the Singapore Savings Bond allotment results.

That is coming next week.

As for the next T-bill auction in January, I will probably try my luck again. 

However, if the banks hike their promotional interest rates for short term fixed deposits by a lot, I might hedge by splitting the funds 50/50.

Huat ah!

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