6-Month T-bill BS24106W (27 Mar 2024) Cut-Off Yield 3.80%

T-bill splash image

27 Mar 2024

This issue offers investors a cut-off yield of 3.80% p.a., higher than that (3.78% p.a.) of the previous issue, BS24105X (14 Mar 2024).

The total value of applications in this auction was $15.6B, representing a bid-to-cover ratio of 2.55. This is higher than the $14.4B (bid-to-cover ratio 2.29) received in the previous issue.

Those who submitted non-competitive bids were allotted approximately 94.59% of the amount applied. On the other hand, those who submitted competitive bid at 3.80% get around 30.18% of the amount applied.

Auction Closed

Announcement Date
20 Mar 2024 Notify me
Auction Date
27 Mar 2024 Notify me
Issue Date
02 Apr 2024
Maturity Date
01 Oct 2024
Issue Code
BS24106W
ISIN Code
SGXZ88585823
Cut-Off Yield
3.80% p.a.
Cut-Off Price
98.105
Median Yield
3.61% p.a.
Median Price
98.200
Average Yield
3.34% p.a.
Average Price
98.335
Total Amount Offered
$6,100,000,000
Amount Allotted to Non-Competitive Applications
$2,440,000,000
Total Amount Applied
$15,562,929,000
% of Competitive Applications at Cut-off Allotted
30.18%
% of Non-Competitive Applications Allotted
94.59%
Bid-to-Cover Ratio
2.55

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