My seventh purchase of SGS T-Bills
The bid done for today is for the auction next week :
Issue Code - BQ08100A
Issue Date - 03 Jan 2008
Tenor - 91 days
Maturity Date - 03 April 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$1000.00The yield will be known next week through the auction result.
yield = 2.00%
total paid = $995.01
gain = $4.99