6-Month T-bill BS24109A (09 May 2024) Cut-Off Yield 3.70%

T-bill splash image

09 May 2024

This issue offers investors a cut-off yield of 3.70% p.a., lower than that (3.74% p.a.) of the previous issue, BS24108V (25 Apr 2024).

The total value of applications in this auction was $16.3B, representing a bid-to-cover ratio of 2.40. This is higher than the $14.4B (bid-to-cover ratio 2.18) received in the previous issue.

Those who submitted non-competitive bids were allotted approximately 81.69% of the amount applied. On the other hand, those who submitted competitive bid at 3.70% get around 26.72% of the amount applied.

Auction Closed

Announcement Date
02 May 2024 Notify me
Auction Date
09 May 2024 Notify me
Issue Date
14 May 2024
Maturity Date
12 Nov 2024
Issue Code
BS24109A
ISIN Code
SGXZ25011966
Cut-Off Yield
3.70% p.a.
Cut-Off Price
98.155
Median Yield
3.55% p.a.
Median Price
98.230
Average Yield
3.13% p.a.
Average Price
98.439
Total Amount Offered
$6,800,000,000
Amount Allotted to Non-Competitive Applications
$2,720,000,000
Total Amount Applied
$16,296,958,000
% of Competitive Applications at Cut-off Allotted
26.72%
% of Non-Competitive Applications Allotted
81.69%
Bid-to-Cover Ratio
2.40

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
24 Dec 202402 Jan 202507 Jan 202508 Jul 2025BS25100ESGXZ48768006
09 Jan 202516 Jan 202521 Jan 202522 Jul 2025BS25101FSGXZ52757945
21 Jan 202528 Jan 202504 Feb 202505 Aug 2025BS25102ZSGXZ33655317
06 Feb 202513 Feb 202518 Feb 202519 Aug 2025BS25103SSGXZ89539258

Monitor Upcoming Auctions