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
28 Oct 202604 Nov 202610 Nov 202611 May 2027BS26122VSGXZ26923052
12 Nov 202619 Nov 202624 Nov 202625 May 2027BS26123ASGXZ31713605
26 Nov 202603 Dec 202608 Dec 202608 Jun 2027BS26124ESGXZ29534104
10 Dec 202617 Dec 202622 Dec 202622 Jun 2027BS26125FSGXZ48455380

Monitor Upcoming Auctions