6-Month T-bill BS21109Z (12 May 2021) Cut-Off Yield 0.33%

T-bill splash image

12 May 2021

This issue offers investors a cut-off yield of 0.33% p.a., lower than that (0.37% p.a.) of the previous issue, BS21108F (29 Apr 2021).

The total value of applications in this auction was $10.3B, representing a bid-to-cover ratio of 2.56. This is higher than the $8.8B (bid-to-cover ratio 2.10) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.33% get around 48.75% of the amount applied.

Auction Closed

Announcement Date
05 May 2021 Notify me
Auction Date
12 May 2021 Notify me
Issue Date
18 May 2021
Maturity Date
16 Nov 2021
Issue Code
BS21109Z
ISIN Code
SGXZ19268879
Cut-Off Yield
0.33% p.a.
Cut-Off Price
99.835
Median Yield
0.31% p.a.
Median Price
99.845
Average Yield
0.23% p.a.
Average Price
99.885
Total Amount Offered
$4,000,000,000
Amount Allotted to Non-Competitive Applications
$29,985,000
Total Amount Applied
$10,258,391,000
% of Competitive Applications at Cut-off Allotted
48.75%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.56

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