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1-Year T-bill BY21103E (14 Oct 2021) Cut-Off Yield 0.60%
14 Oct 2021
This issue offers investors a cut-off yield of 0.60% p.a., higher than that (0.35% p.a.) of the previous issue, BY21102A (22 Jul 2021).
The total value of applications in this auction was $5.8B, representing a bid-to-cover ratio of 1.62. This is lower than the $7.7B (bid-to-cover ratio 2.07) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.60% get around 56.14% of the amount applied.
Auction Closed
- Announcement Date
- 07 Oct 2021 Notify me
- Auction Date
- 14 Oct 2021 Notify me
- Issue Date
- 19 Oct 2021
- Maturity Date
- 18 Oct 2022
- Issue Code
- BY21103E
- ISIN Code
- SGXZ63314439
- Cut-Off Yield
- 0.60% p.a.
- Cut-Off Price
- 99.402
- Median Yield
- 0.38% p.a.
- Median Price
- 99.621
- Average Yield
- 0.36% p.a.
- Average Price
- 99.641
- Total Amount Offered
- $3,600,000,000
- Amount Allotted to Non-Competitive Applications
- $25,709,000
- Total Amount Applied
- $5,820,868,000
- % of Competitive Applications at Cut-off Allotted
- 56.14%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 1.62
Upcoming Auctions
| Announcement | Auction | Issue | Maturity | Code | ISIN |
|---|---|---|---|---|---|
| 16 Jan 2025 | 23 Jan 2025 | 28 Jan 2025 | 27 Jan 2026 | BY25100H | SGXZ85890994 |