6-Month T-bill BS21103W (18 Feb 2021) Cut-Off Yield 0.31%

T-bill splash image

18 Feb 2021

This issue offers investors a cut-off yield of 0.31% p.a., higher than that (0.29% p.a.) of the previous issue, BS21102X (04 Feb 2021).

The total value of applications in this auction was $13.4B, representing a bid-to-cover ratio of 3.35. This is higher than the $9.5B (bid-to-cover ratio 2.49) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.31% get around 73.31% of the amount applied.

Auction Closed

Announcement Date
10 Feb 2021 Notify me
Auction Date
18 Feb 2021 Notify me
Issue Date
23 Feb 2021
Maturity Date
24 Aug 2021
Issue Code
BS21103W
ISIN Code
SGXZ30306765
Cut-Off Yield
0.31% p.a.
Cut-Off Price
99.845
Median Yield
0.20% p.a.
Median Price
99.900
Average Yield
0.21% p.a.
Average Price
99.895
Total Amount Offered
$4,000,000,000
Amount Allotted to Non-Competitive Applications
$28,981,000
Total Amount Applied
$13,418,084,000
% of Competitive Applications at Cut-off Allotted
73.31%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
3.35

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
30 May 202406 Jun 202411 Jun 202410 Dec 2024BS24111XSGXZ81105322
12 Jun 202420 Jun 202425 Jun 202424 Dec 2024BS24112WSGXZ29011285
27 Jun 202404 Jul 202409 Jul 202407 Jan 2025BS24113NSGXZ29447257
11 Jul 202418 Jul 202423 Jul 202421 Jan 2025BS24114VSGXZ57225237

Monitor Upcoming Auctions