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

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
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