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
15 May 202522 May 202527 May 202525 Nov 2025BS25110HSGXZ95105383
29 May 202505 Jun 202510 Jun 202509 Dec 2025BS25111TSGXZ99133456
12 Jun 202519 Jun 202524 Jun 202523 Dec 2025BS25112XSGXZ71255038

Monitor Upcoming Auctions