6-Month T-bill BS20108Z (29 Apr 2020) Cut-Off Yield 0.40%

T-bill splash image

29 Apr 2020

This issue offers investors a cut-off yield of 0.40% p.a., lower than that (0.55% p.a.) of the previous issue, BS20107F (16 Apr 2020).

The total value of applications in this auction was $9.3B, representing a bid-to-cover ratio of 2.44. This is lower than the $10.5B (bid-to-cover ratio 2.99) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.40% get around 12.21% of the amount applied.

Auction Closed

Announcement Date
22 Apr 2020 Notify me
Auction Date
29 Apr 2020 Notify me
Issue Date
05 May 2020
Maturity Date
03 Nov 2020
Issue Code
BS20108Z
ISIN Code
SGXZ19435908
Cut-Off Yield
0.40% p.a.
Cut-Off Price
99.801
Median Yield
0.37% p.a.
Median Price
99.816
Average Yield
0.32% p.a.
Average Price
99.840
Total Amount Offered
$3,800,000,000
Amount Allotted to Non-Competitive Applications
$26,566,000
Total Amount Applied
$9,277,948,000
% of Competitive Applications at Cut-off Allotted
12.21%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.44

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
28 Nov 202405 Dec 202410 Dec 202410 Jun 2025BS24124ZSGXZ29257813
12 Dec 202419 Dec 202424 Dec 202424 Jun 2025BS24125SSGXZ30036156
24 Dec 202402 Jan 202507 Jan 202508 Jul 2025BS25100ESGXZ48768006
09 Jan 202516 Jan 202521 Jan 202522 Jul 2025BS25101FSGXZ52757945

Monitor Upcoming Auctions