6-Month T-bill BS24102S (01 Feb 2024) Cut-Off Yield 3.54%

T-bill splash image

01 Feb 2024

This issue offers investors a cut-off yield of 3.54% p.a., lower than that (3.70% p.a.) of the previous issue, BS24101Z (18 Jan 2024).

The total value of applications in this auction was $14.6B, representing a bid-to-cover ratio of 2.32. This is higher than the $13.6B (bid-to-cover ratio 2.12) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 3.54% get around 65.21% of the amount applied.

Auction Closed

Announcement Date
25 Jan 2024 Notify me
Auction Date
01 Feb 2024 Notify me
Issue Date
06 Feb 2024
Maturity Date
06 Aug 2024
Issue Code
BS24102S
ISIN Code
SGXZ32636938
Cut-Off Yield
3.54% p.a.
Cut-Off Price
98.235
Median Yield
3.21% p.a.
Median Price
98.399
Average Yield
2.63% p.a.
Average Price
98.689
Total Amount Offered
$6,300,000,000
Amount Allotted to Non-Competitive Applications
$2,153,068,000
Total Amount Applied
$14,625,066,000
% of Competitive Applications at Cut-off Allotted
65.21%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.32

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
28 Nov 202405 Dec 202410 Dec 202410 Jun 2025BS24124ZSGXZ29257813
12 Dec 202419 Dec 202424 Dec 202424 Jun 2025BS24125SSGXZ30036156
24 Dec 202402 Jan 202507 Jan 202508 Jul 2025BS25100ESGXZ48768006
09 Jan 202516 Jan 202521 Jan 202522 Jul 2025BS25101FSGXZ52757945

Monitor Upcoming Auctions