News analysis

With T-bill yields at 3.88%, are fixed deposits looking more attractive?

Some promotional fixed deposit offers from banks are emerging as more attractive investments, following the fall in T-bill yields. PHOTO: ST FILE
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SINGAPORE - Thursday’s auction of six-month Treasury bills (T-bills) – the third auction of the year – continued to show a downtrend in yields.

T-bill yields have been falling since they hit a 30-year high of 4.4 per cent on Dec 8, and on Thursday, fell below 4 per cent to 3.88 per cent.

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