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1-Year T-bill BY25101T (16 Apr 2025) Cut-Off Yield 2.29%
16 Apr 2025
This issue offers investors a cut-off yield of 2.29% p.a., lower than that (2.95% p.a.) of the previous issue, BY25100H (23 Jan 2025).
The total value of applications in this auction was $11.2B, representing a bid-to-cover ratio of 2.11. This is higher than the $10.1B (bid-to-cover ratio 1.87) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 2.29% get around 55.76% of the amount applied.
Auction Closed
- Announcement Date
- 09 Apr 2025 Notify me
- Auction Date
- 16 Apr 2025 Notify me
- Issue Date
- 22 Apr 2025
- Maturity Date
- 21 Apr 2026
- Issue Code
- BY25101T
- ISIN Code
- SGXZ26944249
- Cut-Off Yield
- 2.29% p.a.
- Cut-Off Price
- 97.716
- Median Yield
- 2.13% p.a.
- Median Price
- 97.876
- Average Yield
- 2.11% p.a.
- Average Price
- 97.896
- Total Amount Offered
- $5,300,000,000
- Amount Allotted to Non-Competitive Applications
- $473,309,000
- Total Amount Applied
- $11,183,372,000
- % of Competitive Applications at Cut-off Allotted
- 55.76%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 2.11
Upcoming Auctions
| Announcement | Auction | Issue | Maturity | Code | ISIN |
|---|---|---|---|---|---|
| 08 Oct 2025 | 15 Oct 2025 | 21 Oct 2025 | 20 Oct 2026 | BY25103W | SGXZ34147660 |