6-Month T-bill BS20109S (14 May 2020) Cut-Off Yield 0.20%

T-bill splash image

14 May 2020

This issue offers investors a cut-off yield of 0.20% p.a., lower than that (0.40% p.a.) of the previous issue, BS20108Z (29 Apr 2020).

The total value of applications in this auction was $11.6B, representing a bid-to-cover ratio of 3.22. This is higher than the $9.3B (bid-to-cover ratio 2.44) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.20% get around 52.26% of the amount applied.

Auction Closed

Announcement Date
06 May 2020 Notify me
Auction Date
14 May 2020 Notify me
Issue Date
19 May 2020
Maturity Date
17 Nov 2020
Issue Code
BS20109S
ISIN Code
SGXZ54113154
Cut-Off Yield
0.20% p.a.
Cut-Off Price
99.900
Median Yield
0.10% p.a.
Median Price
99.950
Average Yield
0.12% p.a.
Average Price
99.940
Total Amount Offered
$3,600,000,000
Amount Allotted to Non-Competitive Applications
$34,477,000
Total Amount Applied
$11,609,804,000
% of Competitive Applications at Cut-off Allotted
52.26%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
3.22

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
22 Jan 202629 Jan 202603 Feb 202604 Aug 2026BS26102FSGXZ42579045
05 Feb 202612 Feb 202619 Feb 202618 Aug 2026BS26103ZSGXZ41539966
19 Feb 202626 Feb 202603 Mar 202601 Sep 2026BS26104SSGXZ67039040
05 Mar 202612 Mar 202617 Mar 202615 Sep 2026BS26105HSGXZ59983908

Monitor Upcoming Auctions