Introduction and options of T-bills
What’s the T-bill?
T-bills are short-term, tradable debt issued by the Singapore authorities.T-bills have a maturities of 1 yr or much less.
What’s the distinction between T-bill to SGS Bonds?
SGS bonds have a maturity of two to 30 years, whereas T-bills have a shorter maturity of 6 or 12 months.SGS bonds pay curiosity each 6 months. T-bills don’t have coupon funds; as a substitute they’re issued at a reduction to the face worth of the bond. You may learn extra in regards to the distinction right here!
|Obtainable tenor||2, 5, 10, 15, 20, 30 or 50 years||6 months or 1 yr|
|Sort of rate of interest fee||Fastened coupon||No coupon; issued and traded at a reduction to the face (par) worth|
|How typically curiosity is paid||Each 6 months, ranging from the month of subject||At maturity|
|Secondary market buying and selling||At DBS, OCBC or UOB essential branches; on SGX by means of brokers||At DBS, OCBC or|