6-Month T-bill BS24124Z (05 Dec 2024) Cut-Off Yield 3.00%

T-bill splash image

05 Dec 2024

This issue offers investors a cut-off yield of 3.00% p.a., lower than that (3.08% p.a.) of the previous issue, BS24123F (21 Nov 2024).

The total value of applications in this auction was $17.4B, representing a bid-to-cover ratio of 2.45. This is higher than the $13.7B (bid-to-cover ratio 1.96) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 3.00% get around 4.22% of the amount applied.

Auction Closed

Announcement Date
28 Nov 2024 Notify me
Auction Date
05 Dec 2024 Notify me
Issue Date
10 Dec 2024
Maturity Date
10 Jun 2025
Issue Code
BS24124Z
ISIN Code
SGXZ29257813
Cut-Off Yield
3.00% p.a.
Cut-Off Price
98.504
Median Yield
2.90% p.a.
Median Price
98.554
Average Yield
2.73% p.a.
Average Price
98.639
Total Amount Offered
$7,100,000,000
Amount Allotted to Non-Competitive Applications
$2,423,021,000
Total Amount Applied
$17,428,248,000
% of Competitive Applications at Cut-off Allotted
4.22%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.45

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
21 Aug 202528 Aug 202502 Sep 202503 Mar 2026BS25117ESGXZ42067843
04 Sep 202511 Sep 202516 Sep 202517 Mar 2026BS25118FSGXZ80741986
18 Sep 202525 Sep 202530 Sep 202531 Mar 2026BS25119ZSGXZ10256311

Monitor Upcoming Auctions