6-Month T-bill BS21110N (27 May 2021) Cut-Off Yield 0.30%

T-bill splash image

27 May 2021

This issue offers investors a cut-off yield of 0.30% p.a., lower than that (0.33% p.a.) of the previous issue, BS21109Z (12 May 2021).

The total value of applications in this auction was $10.2B, representing a bid-to-cover ratio of 2.27. This is lower than the $10.3B (bid-to-cover ratio 2.56) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.30% get around 63.92% of the amount applied.

Auction Closed

Announcement Date
19 May 2021 Notify me
Auction Date
27 May 2021 Notify me
Issue Date
01 Jun 2021
Maturity Date
30 Nov 2021
Issue Code
BS21110N
ISIN Code
SGXZ15051535
Cut-Off Yield
0.30% p.a.
Cut-Off Price
99.850
Median Yield
0.28% p.a.
Median Price
99.860
Average Yield
0.23% p.a.
Average Price
99.885
Total Amount Offered
$4,500,000,000
Amount Allotted to Non-Competitive Applications
$49,018,000
Total Amount Applied
$10,205,262,000
% of Competitive Applications at Cut-off Allotted
63.92%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.27

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
24 Dec 202402 Jan 202507 Jan 202508 Jul 2025BS25100ESGXZ48768006
09 Jan 202516 Jan 202521 Jan 202522 Jul 2025BS25101FSGXZ52757945
21 Jan 202528 Jan 202504 Feb 202505 Aug 2025BS25102ZSGXZ33655317
06 Feb 202513 Feb 202518 Feb 202519 Aug 2025BS25103SSGXZ89539258

Monitor Upcoming Auctions