6-Month T-bill BS22118H (15 Sep 2022) Cut-Off Yield 3.32%

T-bill splash image

15 Sep 2022

This issue offers investors a cut-off yield of 3.32% p.a., higher than that (2.99% p.a.) of the previous issue, BS22117S (01 Sep 2022).

The total value of applications in this auction was $9.1B, representing a bid-to-cover ratio of 2.17. This is lower than the $11.1B (bid-to-cover ratio 2.59) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 3.32% get around 55.34% of the amount applied.

Auction Closed

Announcement Date
08 Sep 2022 Notify me
Auction Date
15 Sep 2022 Notify me
Issue Date
20 Sep 2022
Maturity Date
21 Mar 2023
Issue Code
BS22118H
ISIN Code
SGXZ71644934
Cut-Off Yield
3.32% p.a.
Cut-Off Price
98.345
Median Yield
3.00% p.a.
Median Price
98.504
Average Yield
2.76% p.a.
Average Price
98.624
Total Amount Offered
$4,200,000,000
Amount Allotted to Non-Competitive Applications
$555,595,000
Total Amount Applied
$9,097,975,000
% of Competitive Applications at Cut-off Allotted
55.34%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.17

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
07 Aug 202415 Aug 202420 Aug 202418 Feb 2025BS24116ESGXZ19202407
22 Aug 202429 Aug 202403 Sep 202404 Mar 2025BS24117FSGXZ56660376
05 Sep 202412 Sep 202417 Sep 202418 Mar 2025BS24118ZSGXZ71864045

Monitor Upcoming Auctions