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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SingaporeSingapore 1-Year T-Bill Auction fell to 1.35% in September 2025
FMPMonthlyReleased October 2025
Singapore 1-Year T-Bill Auction fell to 1.35% in September 2025, released October 2025, down 0.33% from August's 1.68% reading.
Latest Release
1.350000
Actual
—
Consensus
1.680000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/SGD | ▼ Inverse | −0.50 | FOREX | Bullish SGD | → View |
| AUD/USD | ▲ Direct | +0.35 | FOREX | Watch | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
1-Year T-Bill Auction (Singapore) was reported at 1.46% in April 2026. The reading rose from the previous value of 1.44%. Trailing 12-month context per ETL data through October 2025.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 1.77%, down from the prior three at 3.01%. In October readings over the past 3 years, 1-Year T-Bill Auction has averaged 2.59%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/SGD (Bullish SGD). A secondary relationship exists with AUD/USD, positively correlated (Watch).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include CPI YoY (Jun 23).
Auto-generated from current model state · Refreshes on each release · Last update October 2025.
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1-Year T-Bill Auction - SG
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About 1-Year T-Bill Auction — Singapore
DEFINITION
The 1-Year T-Bill Auction is a financial indicator that measures the interest rate at which the U.S. government borrows money for a one-year period. This auction is held every week and serves as a benchmark for short-term interest rates, providing insight into the current state of the economy and the government's borrowing costs. It is closely monitored by investors and financial institutions as it can impact the overall market and influence investment decisions.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 1.46 %. Prior reading (Oct 2025): 1.35 %. Before that (Oct 2025): 1.35 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with USD/SGD (Bullish SGD, r=-0.50) — a useful reference for forex-focused traders.