6-Month T-bill BS20105A (19 Mar 2020) Cut-Off Yield 1.40%

T-bill splash image

19 Mar 2020

This issue offers investors a cut-off yield of 1.40% p.a., higher than that (1.04% p.a.) of the previous issue, BS20104V (05 Mar 2020).

The total value of applications in this auction was $6.5B, representing a bid-to-cover ratio of 1.77. This is lower than the $12.3B (bid-to-cover ratio 3.15) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 1.40% get around 19.23% of the amount applied.

Auction Closed

Announcement Date
12 Mar 2020 Notify me
Auction Date
19 Mar 2020 Notify me
Issue Date
24 Mar 2020
Maturity Date
22 Sep 2020
Issue Code
BS20105A
ISIN Code
SGXZ47738703
Cut-Off Yield
1.40% p.a.
Cut-Off Price
99.302
Median Yield
0.95% p.a.
Median Price
99.526
Average Yield
0.83% p.a.
Average Price
99.586
Total Amount Offered
$3,700,000,000
Amount Allotted to Non-Competitive Applications
$2,694,000
Total Amount Applied
$6,545,639,000
% of Competitive Applications at Cut-off Allotted
19.23%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
1.77

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
13 Nov 202520 Nov 202525 Nov 202526 May 2026BS25123ESGXZ46389284
27 Nov 202504 Dec 202509 Dec 202509 Jun 2026BS25124FSGXZ55213599
11 Dec 202518 Dec 202523 Dec 202523 Jun 2026BS25125ZSGXZ20824181
24 Dec 202531 Dec 202506 Jan 202607 Jul 2026BS26100ASGXZ83126144

Monitor Upcoming Auctions