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1-Year T-bill BY25100H (23 Jan 2025) Cut-Off Yield 2.95%
23 Jan 2025
This issue offers investors a cut-off yield of 2.95% p.a., higher than that (2.71% p.a.) of the previous issue, BY24103N (17 Oct 2024).
The total value of applications in this auction was $10.1B, representing a bid-to-cover ratio of 1.87. This is lower than the $14.7B (bid-to-cover ratio 2.83) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 2.95% get around 64.20% of the amount applied.
Auction Closed
- Announcement Date
- 16 Jan 2025 Notify me
- Auction Date
- 23 Jan 2025 Notify me
- Issue Date
- 28 Jan 2025
- Maturity Date
- 27 Jan 2026
- Issue Code
- BY25100H
- ISIN Code
- SGXZ85890994
- Cut-Off Yield
- 2.95% p.a.
- Cut-Off Price
- 97.058
- Median Yield
- 2.83% p.a.
- Median Price
- 97.178
- Average Yield
- 2.72% p.a.
- Average Price
- 97.287
- Total Amount Offered
- $5,400,000,000
- Amount Allotted to Non-Competitive Applications
- $691,521,000
- Total Amount Applied
- $10,106,272,000
- % of Competitive Applications at Cut-off Allotted
- 64.20%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 1.87
Upcoming Auctions
| Announcement | Auction | Issue | Maturity | Code | ISIN |
|---|---|---|---|---|---|
| 17 Jul 2025 | 24 Jul 2025 | 29 Jul 2025 | 28 Jul 2026 | BY25102X | SGXZ97057780 |