Choose the method that works best for your situation.
What is the minimum investment amount?+
S$1,000, in multiples of S$1,000. There is no maximum for retail investors.
When will I receive my money back?+
At maturity — 6 months for a 6-month T-Bill, 1 year for a 1-year T-Bill. The full face value is credited to your bank account on the maturity date.
Can I sell my T-Bill before maturity?+
Yes. T-Bills can be sold on the secondary market through your broker. However, the price depends on market conditions and you may receive more or less than face value.
Is the yield guaranteed?+
No. The cut-off yield is determined at auction. As a non-competitive bidder, you accept whatever yield is set. You are guaranteed allocation but not the yield.
Are T-Bill returns taxable in Singapore?+
Interest income from Singapore Government Securities including T-Bills is tax-exempt for individuals in Singapore.
What happens if I miss the application deadline?+
You will need to wait for the next auction. T-Bill auctions are held regularly — typically bi-weekly for 6-month T-Bills.
Can foreigners buy Singapore T-Bills?+
Yes, foreigners can apply through Singapore banks where they hold accounts. However, CPF and SRS methods are only available to eligible Singapore Citizens, PRs, and certain pass holders.
What is the difference between T-Bills and Singapore Savings Bonds (SSB)?+
T-Bills are short-term (up to 1 year), sold at a discount, and yield is fixed at auction. SSBs are long-term (up to 10 years), pay monthly interest, and can be redeemed any month without penalty.
This guide is for informational purposes only and does not constitute financial advice. Application procedures may change — always refer to your bank and MAS for the latest instructions. SG T-Bill Buddy is not affiliated with MAS, any Singapore bank, or the Singapore Government.