6-Month T-bill BS22113A (07 Jul 2022) Cut-Off Yield 2.66%

T-bill splash image

07 Jul 2022

This issue offers investors a cut-off yield of 2.66% p.a., higher than that (2.36% p.a.) of the previous issue, BS22112V (23 Jun 2022).

The total value of applications in this auction was $8.5B, representing a bid-to-cover ratio of 1.89. This is lower than the $9.9B (bid-to-cover ratio 2.41) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 2.66% get around 69.10% of the amount applied.

Auction Closed

Announcement Date
30 Jun 2022 Notify me
Auction Date
07 Jul 2022 Notify me
Issue Date
12 Jul 2022
Maturity Date
10 Jan 2023
Issue Code
BS22113A
ISIN Code
SGXZ61747028
Cut-Off Yield
2.66% p.a.
Cut-Off Price
98.674
Median Yield
2.38% p.a.
Median Price
98.813
Average Yield
2.28% p.a.
Average Price
98.863
Total Amount Offered
$4,500,000,000
Amount Allotted to Non-Competitive Applications
$152,789,000
Total Amount Applied
$8,503,662,000
% of Competitive Applications at Cut-off Allotted
69.10%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
1.89

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