6-Month T-bill BS22121F (27 Oct 2022) Cut-Off Yield 4.19%

T-bill splash image

27 Oct 2022

This issue offers investors a cut-off yield of 4.19% p.a., higher than that (3.77% p.a.) of the previous issue, BS22120E (13 Oct 2022).

The total value of applications in this auction was $10.9B, representing a bid-to-cover ratio of 2.38. This is higher than the $10.2B (bid-to-cover ratio 2.27) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 4.19% get around 14.87% of the amount applied.

Auction Closed

Announcement Date
19 Oct 2022 Notify me
Auction Date
27 Oct 2022 Notify me
Issue Date
01 Nov 2022
Maturity Date
02 May 2023
Issue Code
BS22121F
ISIN Code
SGXZ27657782
Cut-Off Yield
4.19% p.a.
Cut-Off Price
97.911
Median Yield
3.90% p.a.
Median Price
98.055
Average Yield
3.44% p.a.
Average Price
98.285
Total Amount Offered
$4,600,000,000
Amount Allotted to Non-Competitive Applications
$1,758,774,000
Total Amount Applied
$10,940,082,000
% of Competitive Applications at Cut-off Allotted
14.87%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.38

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
03 Apr 202510 Apr 202515 Apr 202514 Oct 2025BS25107WSGXZ85227049
16 Apr 202524 Apr 202529 Apr 202528 Oct 2025BS25108NSGXZ68156801
29 Apr 202507 May 202513 May 202511 Nov 2025BS25109VSGXZ52581949
15 May 202522 May 202527 May 202525 Nov 2025BS25110HSGXZ95105383

Monitor Upcoming Auctions