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1-Year T-bill BY23100X (26 Jan 2023) Cut-Off Yield 3.87%
26 Jan 2023
This issue offers investors a cut-off yield of 3.87% p.a., higher than that (3.72% p.a.) of the previous issue, BY22103A (13 Oct 2022).
The total value of applications in this auction was $10.5B, representing a bid-to-cover ratio of 2.91. This is higher than the $8.6B (bid-to-cover ratio 2.32) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 3.87% get around 75.26% of the amount applied.
Auction Closed
- Announcement Date
- 17 Jan 2023 Notify me
- Auction Date
- 26 Jan 2023 Notify me
- Issue Date
- 31 Jan 2023
- Maturity Date
- 30 Jan 2024
- Issue Code
- BY23100X
- ISIN Code
- SGXZ77770303
- Cut-Off Yield
- 3.87% p.a.
- Cut-Off Price
- 96.141
- Median Yield
- 3.78% p.a.
- Median Price
- 96.230
- Average Yield
- 3.53% p.a.
- Average Price
- 96.480
- Total Amount Offered
- $3,600,000,000
- Amount Allotted to Non-Competitive Applications
- $643,873,000
- Total Amount Applied
- $10,477,816,000
- % of Competitive Applications at Cut-off Allotted
- 75.26%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 2.91
Upcoming Auctions
| Announcement | Auction | Issue | Maturity | Code | ISIN |
|---|---|---|---|---|---|
| 16 Jan 2025 | 23 Jan 2025 | 28 Jan 2025 | 27 Jan 2026 | BY25100H | SGXZ85890994 |