6-Month T-bill BS21105V (18 Mar 2021) Cut-Off Yield 0.44%

T-bill splash image

18 Mar 2021

This issue offers investors a cut-off yield of 0.44% p.a., higher than that (0.35% p.a.) of the previous issue, BS21104N (04 Mar 2021).

The total value of applications in this auction was $7.6B, representing a bid-to-cover ratio of 1.89. This is lower than the $9.5B (bid-to-cover ratio 2.38) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.44% get around 56.30% of the amount applied.

Auction Closed

Announcement Date
11 Mar 2021 Notify me
Auction Date
18 Mar 2021 Notify me
Issue Date
23 Mar 2021
Maturity Date
21 Sep 2021
Issue Code
BS21105V
ISIN Code
SGXZ44844975
Cut-Off Yield
0.44% p.a.
Cut-Off Price
99.781
Median Yield
0.30% p.a.
Median Price
99.850
Average Yield
0.28% p.a.
Average Price
99.860
Total Amount Offered
$4,000,000,000
Amount Allotted to Non-Competitive Applications
$29,629,000
Total Amount Applied
$7,554,238,000
% of Competitive Applications at Cut-off Allotted
56.30%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
1.89

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
11 Dec 202518 Dec 202523 Dec 202523 Jun 2026BS25125ZSGXZ20824181
24 Dec 202531 Dec 202506 Jan 202607 Jul 2026BS26100ASGXZ83126144
08 Jan 202615 Jan 202620 Jan 202621 Jul 2026BS26101ESGXZ15837941
22 Jan 202629 Jan 202603 Feb 202604 Aug 2026BS26102FSGXZ42579045

Monitor Upcoming Auctions