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6-Month T-bill BS21104N (04 Mar 2021) Cut-Off Yield 0.35%

04 Mar 2021
This issue offers investors a cut-off yield of 0.35% p.a., higher than that (0.31% p.a.) of the previous issue, BS21103W (18 Feb 2021).
The total value of applications in this auction was $9.5B, representing a bid-to-cover ratio of 2.38. This is lower than the $13.4B (bid-to-cover ratio 3.35) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.35% get around 44.27% of the amount applied.
Auction Closed
- Announcement Date
- 25 Feb 2021 Notify me
- Auction Date
- 04 Mar 2021 Notify me
- Issue Date
- 09 Mar 2021
- Maturity Date
- 07 Sep 2021
- Issue Code
- BS21104N
- ISIN Code
- SGXZ81946675
- Cut-Off Yield
- 0.35% p.a.
- Cut-Off Price
- 99.825
- Median Yield
- 0.28% p.a.
- Median Price
- 99.860
- Average Yield
- 0.22% p.a.
- Average Price
- 99.890
- Total Amount Offered
- $4,000,000,000
- Amount Allotted to Non-Competitive Applications
- $30,694,000
- Total Amount Applied
- $9,508,134,000
- % of Competitive Applications at Cut-off Allotted
- 44.27%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 2.38
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