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6-Month T-bill BS19106E (19 Sep 2019) Cut-Off Yield 1.83%

19 Sep 2019
This issue offers investors a cut-off yield of 1.83% p.a., the same as that of the previous issue, BS19105A (05 Sep 2019).
The total value of applications in this auction was $7.5B, representing a bid-to-cover ratio of 2.03. This is lower than the $8.4B (bid-to-cover ratio 2.16) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 1.83% get around 5.98% of the amount applied.
Auction Closed
- Announcement Date
- 12 Sep 2019 Notify me
- Auction Date
- 19 Sep 2019 Notify me
- Issue Date
- 24 Sep 2019
- Maturity Date
- 24 Mar 2020
- Issue Code
- BS19106E
- ISIN Code
- SGXZ63794333
- Cut-Off Yield
- 1.83% p.a.
- Cut-Off Price
- 99.088
- Median Yield
- 1.73% p.a.
- Median Price
- 99.137
- Average Yield
- 1.41% p.a.
- Average Price
- 99.297
- Total Amount Offered
- $3,700,000,000
- Amount Allotted to Non-Competitive Applications
- $17,776,000
- Total Amount Applied
- $7,496,745,000
- % of Competitive Applications at Cut-off Allotted
- 5.98%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 2.03
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