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6-Month T-bill BS23118S (14 Sep 2023) Cut-Off Yield 3.73%
14 Sep 2023
This issue offers investors a cut-off yield of 3.73% p.a., higher than that (3.70% p.a.) of the previous issue, BS23117Z (31 Aug 2023).
The total value of applications in this auction was $11.2B, representing a bid-to-cover ratio of 2.03. This is lower than the $11.2B (bid-to-cover ratio 2.04) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 3.73% get around 55.53% of the amount applied.
Auction Closed
- Announcement Date
- 07 Sep 2023 Notify me
- Auction Date
- 14 Sep 2023 Notify me
- Issue Date
- 19 Sep 2023
- Maturity Date
- 19 Mar 2024
- Issue Code
- BS23118S
- ISIN Code
- SGXZ22996011
- Cut-Off Yield
- 3.73% p.a.
- Cut-Off Price
- 98.140
- Median Yield
- 3.58% p.a.
- Median Price
- 98.215
- Average Yield
- 3.05% p.a.
- Average Price
- 98.479
- Total Amount Offered
- $5,500,000,000
- Amount Allotted to Non-Competitive Applications
- $1,611,314,000
- Total Amount Applied
- $11,168,171,000
- % of Competitive Applications at Cut-off Allotted
- 55.53%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 2.03
Upcoming Auctions
| Announcement | Auction | Issue | Maturity | Code | ISIN |
|---|---|---|---|---|---|
| 09 Jan 2025 | 16 Jan 2025 | 21 Jan 2025 | 22 Jul 2025 | BS25101F | SGXZ52757945 |
| 21 Jan 2025 | 28 Jan 2025 | 04 Feb 2025 | 05 Aug 2025 | BS25102Z | SGXZ33655317 |
| 06 Feb 2025 | 13 Feb 2025 | 18 Feb 2025 | 19 Aug 2025 | BS25103S | SGXZ89539258 |