6-Month T-bill BS22104W (03 Mar 2022) Cut-Off Yield 0.78%

T-bill splash image

03 Mar 2022

This issue offers investors a cut-off yield of 0.78% p.a., higher than that (0.76% p.a.) of the previous issue, BS22103X (17 Feb 2022).

The total value of applications in this auction was $10.3B, representing a bid-to-cover ratio of 2.63. This is lower than the $10.6B (bid-to-cover ratio 2.47) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.78% get around 42.99% of the amount applied.

Auction Closed

Announcement Date
24 Feb 2022 Notify me
Auction Date
03 Mar 2022 Notify me
Issue Date
08 Mar 2022
Maturity Date
06 Sep 2022
Issue Code
BS22104W
ISIN Code
SGXZ20662227
Cut-Off Yield
0.78% p.a.
Cut-Off Price
99.611
Median Yield
0.60% p.a.
Median Price
99.701
Average Yield
0.54% p.a.
Average Price
99.731
Total Amount Offered
$3,900,000,000
Amount Allotted to Non-Competitive Applications
$32,590,000
Total Amount Applied
$10,261,807,000
% of Competitive Applications at Cut-off Allotted
42.99%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.63

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