6-Month T-bill BS20125W (23 Dec 2020) Cut-Off Yield 0.38%

T-bill splash image

23 Dec 2020

This issue offers investors a cut-off yield of 0.38% p.a., lower than that (0.45% p.a.) of the previous issue, BS20124X (10 Dec 2020).

The total value of applications in this auction was $8.3B, representing a bid-to-cover ratio of 2.18. This is higher than the $6.3B (bid-to-cover ratio 1.66) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.38% get around 88.29% of the amount applied.

Auction Closed

Announcement Date
16 Dec 2020 Notify me
Auction Date
23 Dec 2020 Notify me
Issue Date
29 Dec 2020
Maturity Date
29 Jun 2021
Issue Code
BS20125W
ISIN Code
SGXZ46795399
Cut-Off Yield
0.38% p.a.
Cut-Off Price
99.811
Median Yield
0.33% p.a.
Median Price
99.835
Average Yield
0.28% p.a.
Average Price
99.860
Total Amount Offered
$3,800,000,000
Amount Allotted to Non-Competitive Applications
$28,582,000
Total Amount Applied
$8,301,941,000
% of Competitive Applications at Cut-off Allotted
88.29%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.18

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