Friday, January 18, 2008

Purchase of SGS T-Bills ( TB-080124-0010 )

My tenth purchase of SGS T-Bills

The bid done for today is for the auction next week :

Issue Code - BQ08103Z
Issue Date - 24 Jan 2008
Tenor - 91 days
Maturity Date - 24 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$1000.00

The yield will be known next week through the auction result.
yield = 1.59%
total paid = $996.04
gain = $3.96