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6-Month T-bill BS23113V (06 Jul 2023) Cut-Off Yield 3.99%

06 Jul 2023
This issue offers investors a cut-off yield of 3.99% p.a., higher than that (3.89% p.a.) of the previous issue, BS23112N (22 Jun 2023).
The total value of applications in this auction was $10.3B, representing a bid-to-cover ratio of 1.91. This is higher than the $9.9B (bid-to-cover ratio 1.98) received in the previous issue.
Those who submitted non-competitive bids were allotted approximately 96.78% of the amount applied. On the other hand, those who submitted competitive bid at 3.99% get around 2.77% of the amount applied.
Auction Closed
- Announcement Date
- 28 Jun 2023 Notify me
- Auction Date
- 06 Jul 2023 Notify me
- Issue Date
- 11 Jul 2023
- Maturity Date
- 09 Jan 2024
- Issue Code
- BS23113V
- ISIN Code
- SGXZ14619167
- Cut-Off Yield
- 3.99% p.a.
- Cut-Off Price
- 98.010
- Median Yield
- 3.50% p.a.
- Median Price
- 98.255
- Average Yield
- 2.87% p.a.
- Average Price
- 98.569
- Total Amount Offered
- $5,400,000,000
- Amount Allotted to Non-Competitive Applications
- $2,160,000,000
- Total Amount Applied
- $10,303,321,000
- % of Competitive Applications at Cut-off Allotted
- 2.77%
- % of Non-Competitive Applications Allotted
- 96.78%
- Bid-to-Cover Ratio
- 1.91
Upcoming Auctions
Announcement | Auction | Issue | Maturity | Code | ISIN |
---|---|---|---|---|---|
10 Jul 2025 | 17 Jul 2025 | 22 Jul 2025 | 20 Jan 2026 | BS25114N | SGXZ64378292 |
24 Jul 2025 | 31 Jul 2025 | 05 Aug 2025 | 03 Feb 2026 | BS25115V | SGXZ18992552 |
07 Aug 2025 | 14 Aug 2025 | 19 Aug 2025 | 17 Feb 2026 | BS25116A | SGXZ36919934 |
21 Aug 2025 | 28 Aug 2025 | 02 Sep 2025 | 03 Mar 2026 | BS25117E | SGXZ42067843 |