6-Month T-bill BS19108Z (17 Oct 2019) Cut-Off Yield 1.72%

T-bill splash image

17 Oct 2019

This issue offers investors a cut-off yield of 1.72% p.a., lower than that (1.81% p.a.) of the previous issue, BS19107F (03 Oct 2019).

The total value of applications in this auction was $8.3B, representing a bid-to-cover ratio of 2.45. This is higher than the $6.6B (bid-to-cover ratio 1.89) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 1.72% get around 41.29% of the amount applied.

Auction Closed

Announcement Date
10 Oct 2019 Notify me
Auction Date
17 Oct 2019 Notify me
Issue Date
22 Oct 2019
Maturity Date
21 Apr 2020
Issue Code
BS19108Z
ISIN Code
SGXZ32282568
Cut-Off Yield
1.72% p.a.
Cut-Off Price
99.142
Median Yield
1.65% p.a.
Median Price
99.177
Average Yield
1.35% p.a.
Average Price
99.327
Total Amount Offered
$3,400,000,000
Amount Allotted to Non-Competitive Applications
$39,738,000
Total Amount Applied
$8,314,538,000
% of Competitive Applications at Cut-off Allotted
41.29%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.45

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
15 Oct 202622 Oct 202627 Oct 202627 Apr 2027BS26121NSGXZ13334792
28 Oct 202604 Nov 202610 Nov 202611 May 2027BS26122VSGXZ26923052
12 Nov 202619 Nov 202624 Nov 202625 May 2027BS26123ASGXZ31713605

Monitor Upcoming Auctions