6-Month T-bill BS21122S (11 Nov 2021) Cut-Off Yield 0.49%

T-bill splash image

11 Nov 2021

This issue offers investors a cut-off yield of 0.49% p.a., higher than that (0.46% p.a.) of the previous issue, BS21121Z (28 Oct 2021).

The total value of applications in this auction was $8.7B, representing a bid-to-cover ratio of 2.23. This is lower than the $9.0B (bid-to-cover ratio 2.30) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.49% get around 87.34% of the amount applied.

Auction Closed

Announcement Date
03 Nov 2021 Notify me
Auction Date
11 Nov 2021 Notify me
Issue Date
16 Nov 2021
Maturity Date
17 May 2022
Issue Code
BS21122S
ISIN Code
SGXZ58289547
Cut-Off Yield
0.49% p.a.
Cut-Off Price
99.756
Median Yield
0.43% p.a.
Median Price
99.786
Average Yield
0.30% p.a.
Average Price
99.850
Total Amount Offered
$3,900,000,000
Amount Allotted to Non-Competitive Applications
$30,408,000
Total Amount Applied
$8,685,413,000
% of Competitive Applications at Cut-off Allotted
87.34%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.23

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
25 Jun 202602 Jul 202607 Jul 202605 Jan 2027BS26113XSGXZ26979153
09 Jul 202616 Jul 202621 Jul 202619 Jan 2027BS26114WSGXZ82264284
23 Jul 202630 Jul 202604 Aug 202602 Feb 2027BS26115NSGXZ41229063
05 Aug 202613 Aug 202618 Aug 202616 Feb 2027BS26116VSGXZ52105533

Monitor Upcoming Auctions