Disclaimer: This post is just for educational sharing purposes. Please do your own due diligence on any products mentioned in this post.
Refer to BS24107N 6-Month T-Bill Yield Projection for the projection:
Yield Premium Projection:
Projected Cut-Off Yield = 3.62%, ranging from 3.51% to 3.73%
Polynomial Trendline Projection:
Projected Cut-Off Yield = 3.66%, ranging from 3.57% to 3.75%
Today (11 April 2024) the auction results for BS24107N was released here:
https://www.mas.gov.sg/bonds-and-bills/auctions-and-issuance-calendar/auction-t-bill?issue_code=BS24107N&issue_date=2024-04-16
BS24107N Cut-Off Yield is 3.75%, this time round hit the upper boundary of the projected yield range based on Polynomial Trendline Projection, and slightly above the range based on Yield Premium Projection.
One thought on “BS24107N 6-Month T-Bill Auction Results vs Prediction”