Treasury bill auction fetched 0.28% average yield
The $3.9 billion 3-month T-bill had the lowest bid-cover ratio since November last year.
According to OCBC, the T-bill auction had an 8bp tail to cut-off at 0.36%. This is 2bps higher than last week.
The $3.9 billion 3-month T-bill had the lowest bid-cover ratio since November last year.
According to OCBC, the T-bill auction had an 8bp tail to cut-off at 0.36%. This is 2bps higher than last week.