6-Month T-bill BS21120F (14 Oct 2021) Cut-Off Yield 0.37%

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14 Oct 2021

This issue offers investors a cut-off yield of 0.37% p.a., higher than that (0.36% p.a.) of the previous issue, BS21119X (30 Sep 2021).

The total value of applications in this auction was $8.7B, representing a bid-to-cover ratio of 2.18. This is higher than the $6.2B (bid-to-cover ratio 1.64) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.37% get around 63.03% of the amount applied.

Auction Closed

Announcement Date
07 Oct 2021 Notify me
Auction Date
14 Oct 2021 Notify me
Issue Date
19 Oct 2021
Maturity Date
19 Apr 2022
Issue Code
BS21120F
ISIN Code
SGXZ27776087
Cut-Off Yield
0.37% p.a.
Cut-Off Price
99.816
Median Yield
0.32% p.a.
Median Price
99.840
Average Yield
0.29% p.a.
Average Price
99.855
Total Amount Offered
$4,000,000,000
Amount Allotted to Non-Competitive Applications
$27,675,000
Total Amount Applied
$8,713,912,000
% of Competitive Applications at Cut-off Allotted
63.03%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.18

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