6-Month T-bill BS21101T (21 Jan 2021) Cut-Off Yield 0.30%

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21 Jan 2021

This issue offers investors a cut-off yield of 0.30% p.a., lower than that (0.33% p.a.) of the previous issue, BS21100H (07 Jan 2021).

The total value of applications in this auction was $10.6B, representing a bid-to-cover ratio of 2.78. This is higher than the $8.2B (bid-to-cover ratio 2.15) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.30% get around 4.38% of the amount applied.

Auction Closed

Announcement Date
14 Jan 2021 Notify me
Auction Date
21 Jan 2021 Notify me
Issue Date
26 Jan 2021
Maturity Date
27 Jul 2021
Issue Code
BS21101T
ISIN Code
SGXZ98866304
Cut-Off Yield
0.30% p.a.
Cut-Off Price
99.850
Median Yield
0.26% p.a.
Median Price
99.870
Average Yield
0.21% p.a.
Average Price
99.895
Total Amount Offered
$3,800,000,000
Amount Allotted to Non-Competitive Applications
$30,730,000
Total Amount Applied
$10,567,503,000
% of Competitive Applications at Cut-off Allotted
4.38%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.78

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