6-Month T-bill BS22119T (29 Sep 2022) Cut-Off Yield 3.32%

T-bill splash image

29 Sep 2022

This issue offers investors a cut-off yield of 3.32% p.a., the same as that of the previous issue, BS22118H (15 Sep 2022).

The total value of applications in this auction was $9.7B, representing a bid-to-cover ratio of 2.42. This is higher than the $9.1B (bid-to-cover ratio 2.17) 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 8.80% of the amount applied.

Auction Closed

Announcement Date
22 Sep 2022 Notify me
Auction Date
29 Sep 2022 Notify me
Issue Date
04 Oct 2022
Maturity Date
04 Apr 2023
Issue Code
BS22119T
ISIN Code
SGXZ40547002
Cut-Off Yield
3.32% p.a.
Cut-Off Price
98.345
Median Yield
3.17% p.a.
Median Price
98.419
Average Yield
2.85% p.a.
Average Price
98.579
Total Amount Offered
$4,000,000,000
Amount Allotted to Non-Competitive Applications
$1,248,438,000
Total Amount Applied
$9,678,935,000
% of Competitive Applications at Cut-off Allotted
8.80%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.42

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
01 Oct 202608 Oct 202613 Oct 202613 Apr 2027BS26120WSGXZ95063541
15 Oct 202622 Oct 202627 Oct 202627 Apr 2027BS26121NSGXZ13334792
28 Oct 202604 Nov 202610 Nov 202611 May 2027BS26122VSGXZ26923052
12 Nov 202619 Nov 202624 Nov 202625 May 2027BS26123ASGXZ31713605

Monitor Upcoming Auctions