6-Month T-bill BS20123T (26 Nov 2020) Cut-Off Yield 0.32%

T-bill splash image

26 Nov 2020

This issue offers investors a cut-off yield of 0.32% p.a., higher than that (0.30% p.a.) of the previous issue, BS20122H (12 Nov 2020).

The total value of applications in this auction was $8.5B, representing a bid-to-cover ratio of 2.03. This is higher than the $7.2B (bid-to-cover ratio 2.01) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.32% get around 15.60% of the amount applied.

Auction Closed

Announcement Date
19 Nov 2020 Notify me
Auction Date
26 Nov 2020 Notify me
Issue Date
01 Dec 2020
Maturity Date
01 Jun 2021
Issue Code
BS20123T
ISIN Code
SGXZ79587358
Cut-Off Yield
0.32% p.a.
Cut-Off Price
99.840
Median Yield
0.27% p.a.
Median Price
99.865
Average Yield
0.24% p.a.
Average Price
99.880
Total Amount Offered
$4,200,000,000
Amount Allotted to Non-Competitive Applications
$27,260,000
Total Amount Applied
$8,526,601,000
% of Competitive Applications at Cut-off Allotted
15.60%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.03

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
19 Feb 202626 Feb 202603 Mar 202601 Sep 2026BS26104SSGXZ67039040
05 Mar 202612 Mar 202617 Mar 202615 Sep 2026BS26105HSGXZ59983908
19 Mar 202626 Mar 202631 Mar 202629 Sep 2026BS26106TSGXZ80418064
01 Apr 202609 Apr 202614 Apr 202613 Oct 2026BS26107XSGXZ11188257

Monitor Upcoming Auctions