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1-Year T-bill BY22102V (21 Jul 2022) Cut-Off Yield 3.10%
21 Jul 2022
This issue offers investors a cut-off yield of 3.10% p.a., higher than that (2.00% p.a.) of the previous issue, BY22101N (13 Apr 2022).
The total value of applications in this auction was $8.6B, representing a bid-to-cover ratio of 2.33. This is higher than the $5.5B (bid-to-cover ratio 1.45) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 3.10% get around 47.00% of the amount applied.
Auction Closed
- Announcement Date
- 14 Jul 2022 Notify me
- Auction Date
- 21 Jul 2022 Notify me
- Issue Date
- 26 Jul 2022
- Maturity Date
- 25 Jul 2023
- Issue Code
- BY22102V
- ISIN Code
- SGXZ36235596
- Cut-Off Yield
- 3.10% p.a.
- Cut-Off Price
- 96.908
- Median Yield
- 2.96% p.a.
- Median Price
- 97.048
- Average Yield
- 2.82% p.a.
- Average Price
- 97.188
- Total Amount Offered
- $3,700,000,000
- Amount Allotted to Non-Competitive Applications
- $90,796,000
- Total Amount Applied
- $8,619,057,000
- % of Competitive Applications at Cut-off Allotted
- 47.00%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 2.33
Upcoming Auctions
| Announcement | Auction | Issue | Maturity | Code | ISIN |
|---|---|---|---|---|---|
| 16 Jan 2025 | 23 Jan 2025 | 28 Jan 2025 | 27 Jan 2026 | BY25100H | SGXZ85890994 |