6-Month T-bill BS25101F (16 Jan 2025) Cut-Off Yield 2.99%

T-bill splash image

16 Jan 2025

This issue offers investors a cut-off yield of 2.99% p.a., lower than that (3.05% p.a.) of the previous issue, BS25100E (02 Jan 2025).

The total value of applications in this auction was $18.4B, representing a bid-to-cover ratio of 2.55. This is higher than the $13.7B (bid-to-cover ratio 1.99) received in the previous issue.

Those who submitted non-competitive bids were allotted approximately 92.71% of the amount applied. On the other hand, those who submitted competitive bid at 2.99% get around 41.00% of the amount applied.

Auction Closed

Announcement Date
09 Jan 2025 Notify me
Auction Date
16 Jan 2025 Notify me
Issue Date
21 Jan 2025
Maturity Date
22 Jul 2025
Issue Code
BS25101F
ISIN Code
SGXZ52757945
Cut-Off Yield
2.99% p.a.
Cut-Off Price
98.509
Median Yield
2.88% p.a.
Median Price
98.564
Average Yield
2.52% p.a.
Average Price
98.743
Total Amount Offered
$7,200,000,000
Amount Allotted to Non-Competitive Applications
$2,880,000,000
Total Amount Applied
$18,389,116,000
% of Competitive Applications at Cut-off Allotted
41.00%
% of Non-Competitive Applications Allotted
92.71%
Bid-to-Cover Ratio
2.55

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
05 Feb 202612 Feb 202619 Feb 202618 Aug 2026BS26103ZSGXZ41539966
19 Feb 202626 Feb 202603 Mar 202601 Sep 2026BS26104SSGXZ67039040
05 Mar 202612 Mar 202617 Mar 202615 Sep 2026BS26105HSGXZ59983908
19 Mar 202626 Mar 202631 Mar 202629 Sep 2026BS26106TSGXZ80418064

Monitor Upcoming Auctions