T-bill yield falls additional to a few.64%. Why the decline?

What took place?

The most recent effects for the 6-month Singapore T-bill public sale are out. The cut-off yield for the 6-month Singapore T-bill (BS24114V) on 18 July fell to a few.64% from 3.7% within the earlier public sale. This might constitute a moderately sizeable decline from a yield of three.76% within the public sale on 6 June. I noticed that some traders within the Beansprout neighborhood had been to determine why the yield is decrease. On this put up, I can be sharing extra about why the cut-off yield for the Singapore T-bill fell. Supply: MAS

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