6-Month T-bill BS24100F (04 Jan 2024) Cut-Off Yield 3.74%

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04 Jan 2024

This issue offers investors a cut-off yield of 3.74% p.a., higher than that (3.73% p.a.) of the previous issue, BS23125H (20 Dec 2023).

The total value of applications in this auction was $12.8B, representing a bid-to-cover ratio of 2.09. This is lower than the $12.8B (bid-to-cover ratio 2.29) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 3.74% get around 66.99% of the amount applied.

Auction Closed

Announcement Date
27 Dec 2023 Notify me
Auction Date
04 Jan 2024 Notify me
Issue Date
09 Jan 2024
Maturity Date
09 Jul 2024
Issue Code
BS24100F
ISIN Code
SGXZ14870752
Cut-Off Yield
3.74% p.a.
Cut-Off Price
98.135
Median Yield
3.55% p.a.
Median Price
98.230
Average Yield
3.06% p.a.
Average Price
98.474
Total Amount Offered
$6,100,000,000
Amount Allotted to Non-Competitive Applications
$2,391,421,000
Total Amount Applied
$12,764,310,000
% of Competitive Applications at Cut-off Allotted
66.99%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.09

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AnnouncementAuctionIssueMaturityCodeISIN
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