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
12 Nov 202619 Nov 202624 Nov 202625 May 2027BS26123ASGXZ31713605
26 Nov 202603 Dec 202608 Dec 202608 Jun 2027BS26124ESGXZ29534104
10 Dec 202617 Dec 202622 Dec 202622 Jun 2027BS26125FSGXZ48455380

Monitor Upcoming Auctions