6-Month T-bill BS24112W (20 Jun 2024) Cut-Off Yield 3.74%

T-bill splash image

20 Jun 2024

This issue offers investors a cut-off yield of 3.74% p.a., lower than that (3.76% p.a.) of the previous issue, BS24111X (06 Jun 2024).

The total value of applications in this auction was $15.5B, representing a bid-to-cover ratio of 2.34. This is higher than the $14.2B (bid-to-cover ratio 2.00) received in the previous issue.

Those who submitted non-competitive bids were allotted approximately 83.44% of the amount applied. On the other hand, those who submitted competitive bid at 3.74% get around 46.64% of the amount applied.

Auction Closed

Announcement Date
12 Jun 2024 Notify me
Auction Date
20 Jun 2024 Notify me
Issue Date
25 Jun 2024
Maturity Date
24 Dec 2024
Issue Code
BS24112W
ISIN Code
SGXZ29011285
Cut-Off Yield
3.74% p.a.
Cut-Off Price
98.135
Median Yield
3.54% p.a.
Median Price
98.235
Average Yield
3.08% p.a.
Average Price
98.464
Total Amount Offered
$6,600,000,000
Amount Allotted to Non-Competitive Applications
$2,640,000,000
Total Amount Applied
$15,457,038,000
% of Competitive Applications at Cut-off Allotted
46.64%
% of Non-Competitive Applications Allotted
83.44%
Bid-to-Cover Ratio
2.34

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
04 Sep 202511 Sep 202516 Sep 202517 Mar 2026BS25118FSGXZ80741986
18 Sep 202525 Sep 202530 Sep 202531 Mar 2026BS25119ZSGXZ10256311
02 Oct 202509 Oct 202514 Oct 202514 Apr 2026BS25120NSGXZ14348890
15 Oct 202523 Oct 202528 Oct 202528 Apr 2026BS25121VSGXZ81806382

Monitor Upcoming Auctions