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
30 Oct 202407 Nov 202412 Nov 202413 May 2025BS24122ESGXZ72902281
14 Nov 202421 Nov 202426 Nov 202427 May 2025BS24123FSGXZ28140713
28 Nov 202405 Dec 202410 Dec 202410 Jun 2025BS24124ZSGXZ29257813
12 Dec 202419 Dec 202424 Dec 202424 Jun 2025BS24125SSGXZ30036156

Monitor Upcoming Auctions