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1-Year T-bill BY22103A (13 Oct 2022) Cut-Off Yield 3.72%
13 Oct 2022
This issue offers investors a cut-off yield of 3.72% p.a., higher than that (3.10% p.a.) of the previous issue, BY22102V (21 Jul 2022).
The total value of applications in this auction was $8.6B, representing a bid-to-cover ratio of 2.32. This is lower than the $8.6B (bid-to-cover ratio 2.33) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 3.72% get around 35.43% of the amount applied.
Auction Closed
- Announcement Date
- 06 Oct 2022 Notify me
- Auction Date
- 13 Oct 2022 Notify me
- Issue Date
- 18 Oct 2022
- Maturity Date
- 17 Oct 2023
- Issue Code
- BY22103A
- ISIN Code
- SGXZ18525303
- Cut-Off Yield
- 3.72% p.a.
- Cut-Off Price
- 96.290
- Median Yield
- 3.30% p.a.
- Median Price
- 96.709
- Average Yield
- 3.28% p.a.
- Average Price
- 96.729
- Total Amount Offered
- $3,700,000,000
- Amount Allotted to Non-Competitive Applications
- $441,425,000
- Total Amount Applied
- $8,587,751,000
- % of Competitive Applications at Cut-off Allotted
- 35.43%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 2.32
Upcoming Auctions
| Announcement | Auction | Issue | Maturity | Code | ISIN |
|---|---|---|---|---|---|
| 10 Oct 2024 | 17 Oct 2024 | 22 Oct 2024 | 21 Oct 2025 | BY24103N | SGXZ73155558 |