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6-Month T-bill BS23108A (26 Apr 2023) Cut-Off Yield 3.83%
26 Apr 2023
This issue offers investors a cut-off yield of 3.83% p.a., higher than that (3.75% p.a.) of the previous issue, BS23107V (13 Apr 2023).
The total value of applications in this auction was $11.1B, representing a bid-to-cover ratio of 2.22. This is lower than the $12.3B (bid-to-cover ratio 2.56) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 3.83% get around 37.92% of the amount applied.
Auction Closed
- Announcement Date
- 19 Apr 2023 Notify me
- Auction Date
- 26 Apr 2023 Notify me
- Issue Date
- 02 May 2023
- Maturity Date
- 31 Oct 2023
- Issue Code
- BS23108A
- ISIN Code
- SGXZ84803105
- Cut-Off Yield
- 3.83% p.a.
- Cut-Off Price
- 98.090
- Median Yield
- 3.70% p.a.
- Median Price
- 98.155
- Average Yield
- 3.44% p.a.
- Average Price
- 98.285
- Total Amount Offered
- $5,000,000,000
- Amount Allotted to Non-Competitive Applications
- $668,991,000
- Total Amount Applied
- $11,112,166,000
- % of Competitive Applications at Cut-off Allotted
- 37.92%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 2.22
Upcoming Auctions
| Announcement | Auction | Issue | Maturity | Code | ISIN |
|---|---|---|---|---|---|
| 03 Sep 2026 | 10 Sep 2026 | 15 Sep 2026 | 16 Mar 2027 | BS26118E | SGXZ26367169 |
| 17 Sep 2026 | 24 Sep 2026 | 29 Sep 2026 | 30 Mar 2027 | BS26119F | SGXZ46669529 |
| 01 Oct 2026 | 08 Oct 2026 | 13 Oct 2026 | 13 Apr 2027 | BS26120W | SGXZ95063541 |