The Lowest of the Low? - 3 Month Treasury Bills at 0.40% per annum!
June 25th, 2008 by panzer
3 Month Singapore Treasury Bills yields have dropped to as low as 0.40% in the recent auction. At this interest rate, $1,000 deposited would need 180 years to double to $2,000. Sobering, isn’t it?
Such a low returns regime coupled with the stock market performing at below 3000 level makes obtaining positive returns beating inflation a [...]
