6-Month T-bill BS25103S (13 Feb 2025) Cut-Off Yield 2.90%

T-bill splash image

13 Feb 2025

This issue offers investors a cut-off yield of 2.90% p.a., lower than that (3.04% p.a.) of the previous issue, BS25102Z (28 Jan 2025).

The total value of applications in this auction was $23.3B, representing a bid-to-cover ratio of 3.19. This is higher than the $15.3B (bid-to-cover ratio 2.13) received in the previous issue.

Those who submitted non-competitive bids were allotted approximately 80.02% of the amount applied. On the other hand, those who submitted competitive bid at 2.90% get around 29.99% of the amount applied.

Auction Closed

Announcement Date
06 Feb 2025 Notify me
Auction Date
13 Feb 2025 Notify me
Issue Date
18 Feb 2025
Maturity Date
19 Aug 2025
Issue Code
BS25103S
ISIN Code
SGXZ89539258
Cut-Off Yield
2.90% p.a.
Cut-Off Price
98.554
Median Yield
2.78% p.a.
Median Price
98.614
Average Yield
2.52% p.a.
Average Price
98.743
Total Amount Offered
$7,300,000,000
Amount Allotted to Non-Competitive Applications
$2,920,000,000
Total Amount Applied
$23,272,954,000
% of Competitive Applications at Cut-off Allotted
29.99%
% of Non-Competitive Applications Allotted
80.02%
Bid-to-Cover Ratio
3.19

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
20 Aug 202627 Aug 202601 Sep 202602 Mar 2027BS26117ASGXZ57738213
03 Sep 202610 Sep 202615 Sep 202616 Mar 2027BS26118ESGXZ26367169
17 Sep 202624 Sep 202629 Sep 202630 Mar 2027BS26119FSGXZ46669529

Monitor Upcoming Auctions