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1-Year T-bill BY20102E (27 Jul 2020) Cut-Off Yield 0.31%
27 Jul 2020
This issue offers investors a cut-off yield of 0.31% p.a., lower than that (0.45% p.a.) of the previous issue, BY20101A (27 Apr 2020).
The total value of applications in this auction was $6.5B, representing a bid-to-cover ratio of 2.24. This is lower than the $8.3B (bid-to-cover ratio 2.76) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.31% get around 75.14% of the amount applied.
Auction Closed
- Announcement Date
- 20 Jul 2020 Notify me
- Auction Date
- 27 Jul 2020 Notify me
- Issue Date
- 30 Jul 2020
- Maturity Date
- 30 Jul 2021
- Issue Code
- BY20102E
- ISIN Code
- SGXZ68557743
- Cut-Off Yield
- 0.31% p.a.
- Cut-Off Price
- 99.690
- Median Yield
- 0.27% p.a.
- Median Price
- 99.730
- Average Yield
- 0.25% p.a.
- Average Price
- 99.750
- Total Amount Offered
- $2,900,000,000
- Amount Allotted to Non-Competitive Applications
- $25,620,000
- Total Amount Applied
- $6,507,618,000
- % of Competitive Applications at Cut-off Allotted
- 75.14%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 2.24
Upcoming Auctions
| Announcement | Auction | Issue | Maturity | Code | ISIN |
|---|---|---|---|---|---|
| 10 Oct 2024 | 17 Oct 2024 | 22 Oct 2024 | 21 Oct 2025 | BY24103N | SGXZ73155558 |