Friday, November 23, 2007

Purchase of SGS T-Bills ( TB-071129-0002 )

My second purchase of SGS T-Bills.
( my naming convention :
TB - treasury bill
yymmdd - year, month, date
xxxx - running serial no. )

The bid done for today is for the auction next week :
Issue Code - BQ07147F
Issue Date - 29 Nov 2007
Tenor - 91 days
Maturity Date - 28 February 2008
a 10% downpayment was made ( = $100.00 ) which will be refunded when the transaction is performed next week.

I made a bid of S$1000.00
Have to check next week for the yield.

yield = 2.32%
total paid = $994.22
gain = $5.78