6-Month T-bill BS24109A (09 May 2024) Cut-Off Yield 3.70%

T-bill splash image

09 May 2024

This issue offers investors a cut-off yield of 3.70% p.a., lower than that (3.74% p.a.) of the previous issue, BS24108V (25 Apr 2024).

The total value of applications in this auction was $16.3B, representing a bid-to-cover ratio of 2.40. This is higher than the $14.4B (bid-to-cover ratio 2.18) received in the previous issue.

Those who submitted non-competitive bids were allotted approximately 81.69% of the amount applied. On the other hand, those who submitted competitive bid at 3.70% get around 26.72% of the amount applied.

Auction Closed

Announcement Date
02 May 2024 Notify me
Auction Date
09 May 2024 Notify me
Issue Date
14 May 2024
Maturity Date
12 Nov 2024
Issue Code
BS24109A
ISIN Code
SGXZ25011966
Cut-Off Yield
3.70% p.a.
Cut-Off Price
98.155
Median Yield
3.55% p.a.
Median Price
98.230
Average Yield
3.13% p.a.
Average Price
98.439
Total Amount Offered
$6,800,000,000
Amount Allotted to Non-Competitive Applications
$2,720,000,000
Total Amount Applied
$16,296,958,000
% of Competitive Applications at Cut-off Allotted
26.72%
% of Non-Competitive Applications Allotted
81.69%
Bid-to-Cover Ratio
2.40

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
08 Jan 202615 Jan 202620 Jan 202621 Jul 2026BS26101ESGXZ15837941
22 Jan 202629 Jan 202603 Feb 202604 Aug 2026BS26102FSGXZ42579045
05 Feb 202612 Feb 202619 Feb 202618 Aug 2026BS26103ZSGXZ41539966
19 Feb 202626 Feb 202603 Mar 202601 Sep 2026BS26104SSGXZ67039040

Monitor Upcoming Auctions