6-Month T-bill BS25100E (02 Jan 2025) Cut-Off Yield 3.05%

T-bill splash image

02 Jan 2025

This issue offers investors a cut-off yield of 3.05% p.a., higher than that (3.02% p.a.) of the previous issue, BS24125S (19 Dec 2024).

The total value of applications in this auction was $13.7B, representing a bid-to-cover ratio of 1.99. This is lower than the $15.8B (bid-to-cover ratio 2.33) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 3.05% get around 21.79% of the amount applied.

Auction Closed

Announcement Date
24 Dec 2024 Notify me
Auction Date
02 Jan 2025 Notify me
Issue Date
07 Jan 2025
Maturity Date
08 Jul 2025
Issue Code
BS25100E
ISIN Code
SGXZ48768006
Cut-Off Yield
3.05% p.a.
Cut-Off Price
98.479
Median Yield
2.90% p.a.
Median Price
98.554
Average Yield
2.58% p.a.
Average Price
98.714
Total Amount Offered
$6,900,000,000
Amount Allotted to Non-Competitive Applications
$2,236,868,000
Total Amount Applied
$13,707,498,000
% of Competitive Applications at Cut-off Allotted
21.79%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
1.99

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
03 Sep 202610 Sep 202615 Sep 202616 Mar 2027BS26118ESGXZ26367169
17 Sep 202624 Sep 202629 Sep 202630 Mar 2027BS26119FSGXZ46669529
01 Oct 202608 Oct 202613 Oct 202613 Apr 2027BS26120WSGXZ95063541
15 Oct 202622 Oct 202627 Oct 202627 Apr 2027BS26121NSGXZ13334792

Monitor Upcoming Auctions