6-Month T-bill BS24124Z (05 Dec 2024) Cut-Off Yield 3.00%

T-bill splash image

05 Dec 2024

This issue offers investors a cut-off yield of 3.00% p.a., lower than that (3.08% p.a.) of the previous issue, BS24123F (21 Nov 2024).

The total value of applications in this auction was $17.4B, representing a bid-to-cover ratio of 2.45. This is higher than the $13.7B (bid-to-cover ratio 1.96) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 3.00% get around 4.22% of the amount applied.

Auction Closed

Announcement Date
28 Nov 2024 Notify me
Auction Date
05 Dec 2024 Notify me
Issue Date
10 Dec 2024
Maturity Date
10 Jun 2025
Issue Code
BS24124Z
ISIN Code
SGXZ29257813
Cut-Off Yield
3.00% p.a.
Cut-Off Price
98.504
Median Yield
2.90% p.a.
Median Price
98.554
Average Yield
2.73% p.a.
Average Price
98.639
Total Amount Offered
$7,100,000,000
Amount Allotted to Non-Competitive Applications
$2,423,021,000
Total Amount Applied
$17,428,248,000
% of Competitive Applications at Cut-off Allotted
4.22%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.45

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
03 Apr 202510 Apr 202515 Apr 202514 Oct 2025BS25107WSGXZ85227049
16 Apr 202524 Apr 202529 Apr 202528 Oct 2025BS25108NSGXZ68156801
29 Apr 202507 May 202513 May 202511 Nov 2025BS25109VSGXZ52581949
15 May 202522 May 202527 May 202525 Nov 2025BS25110HSGXZ95105383

Monitor Upcoming Auctions