1-Year T-bill BY26100S (22 Jan 2026) Cut-Off Yield 1.44%

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22 Jan 2026

This issue offers investors a cut-off yield of 1.44% p.a., higher than that (1.35% p.a.) of the previous issue, BY25103W (15 Oct 2025).

The total value of applications in this auction was $12.1B, representing a bid-to-cover ratio of 1.99. This is lower than the $13.1B (bid-to-cover ratio 2.26) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 1.44% get around 96.00% of the amount applied.

Auction Closed

Announcement Date
15 Jan 2026 Notify me
Auction Date
22 Jan 2026 Notify me
Issue Date
27 Jan 2026
Maturity Date
26 Jan 2027
Issue Code
BY26100S
ISIN Code
SGXZ68232156
Cut-Off Yield
1.44% p.a.
Cut-Off Price
98.564
Median Yield
1.33% p.a.
Median Price
98.674
Average Yield
1.27% p.a.
Average Price
98.733
Total Amount Offered
$6,100,000,000
Amount Allotted to Non-Competitive Applications
$417,176,000
Total Amount Applied
$12,146,028,000
% of Competitive Applications at Cut-off Allotted
96.00%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
1.99

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AnnouncementAuctionIssueMaturityCodeISIN
16 Jul 202623 Jul 202628 Jul 202627 Jul 2027BY26102TSGXZ35265123

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