6-Month T-bill BS21109Z (12 May 2021) Cut-Off Yield 0.33%

T-bill splash image

12 May 2021

This issue offers investors a cut-off yield of 0.33% p.a., lower than that (0.37% p.a.) of the previous issue, BS21108F (29 Apr 2021).

The total value of applications in this auction was $10.3B, representing a bid-to-cover ratio of 2.56. This is higher than the $8.8B (bid-to-cover ratio 2.10) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.33% get around 48.75% of the amount applied.

Auction Closed

Announcement Date
05 May 2021 Notify me
Auction Date
12 May 2021 Notify me
Issue Date
18 May 2021
Maturity Date
16 Nov 2021
Issue Code
BS21109Z
ISIN Code
SGXZ19268879
Cut-Off Yield
0.33% p.a.
Cut-Off Price
99.835
Median Yield
0.31% p.a.
Median Price
99.845
Average Yield
0.23% p.a.
Average Price
99.885
Total Amount Offered
$4,000,000,000
Amount Allotted to Non-Competitive Applications
$29,985,000
Total Amount Applied
$10,258,391,000
% of Competitive Applications at Cut-off Allotted
48.75%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.56

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
04 Sep 202511 Sep 202516 Sep 202517 Mar 2026BS25118FSGXZ80741986
18 Sep 202525 Sep 202530 Sep 202531 Mar 2026BS25119ZSGXZ10256311
02 Oct 202509 Oct 202514 Oct 202514 Apr 2026BS25120NSGXZ14348890
15 Oct 202523 Oct 202528 Oct 202528 Apr 2026BS25121VSGXZ81806382

Monitor Upcoming Auctions