You are not viewing the most recent issue. View the most recent issue, BY25103W (15 Oct 2025) instead.
1-Year T-bill BY25102X (24 Jul 2025) Cut-Off Yield 1.68%

24 Jul 2025
This issue offers investors a cut-off yield of 1.68% p.a., lower than that (2.29% p.a.) of the previous issue, BY25101T (16 Apr 2025).
The total value of applications in this auction was $11.3B, representing a bid-to-cover ratio of 2.05. This is higher than the $11.2B (bid-to-cover ratio 2.11) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 1.68% get around 32.04% of the amount applied.
Auction Closed
- Announcement Date
- 17 Jul 2025 Notify me
- Auction Date
- 24 Jul 2025 Notify me
- Issue Date
- 29 Jul 2025
- Maturity Date
- 28 Jul 2026
- Issue Code
- BY25102X
- ISIN Code
- SGXZ97057780
- Cut-Off Yield
- 1.68% p.a.
- Cut-Off Price
- 98.325
- Median Yield
- 1.60% p.a.
- Median Price
- 98.404
- Average Yield
- 1.44% p.a.
- Average Price
- 98.564
- Total Amount Offered
- $5,500,000,000
- Amount Allotted to Non-Competitive Applications
- $476,962,000
- Total Amount Applied
- $11,260,267,000
- % of Competitive Applications at Cut-off Allotted
- 32.04%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 2.05
Upcoming Auctions
No auction announced.