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6-Month T-bill BS25104H (27 Feb 2025) Cut-Off Yield 2.75%

27 Feb 2025
This issue offers investors a cut-off yield of 2.75% p.a., lower than that (2.90% p.a.) of the previous issue, BS25103S (13 Feb 2025).
The total value of applications in this auction was $20.1B, representing a bid-to-cover ratio of 2.69. This is lower than the $23.3B (bid-to-cover ratio 3.19) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 2.75% get around 4.01% of the amount applied.
Auction Closed
- Announcement Date
- 20 Feb 2025 Notify me
- Auction Date
- 27 Feb 2025 Notify me
- Issue Date
- 04 Mar 2025
- Maturity Date
- 02 Sep 2025
- Issue Code
- BS25104H
- ISIN Code
- SGXZ84869254
- Cut-Off Yield
- 2.75% p.a.
- Cut-Off Price
- 98.629
- Median Yield
- 2.69% p.a.
- Median Price
- 98.659
- Average Yield
- 2.36% p.a.
- Average Price
- 98.823
- Total Amount Offered
- $7,500,000,000
- Amount Allotted to Non-Competitive Applications
- $2,774,410,000
- Total Amount Applied
- $20,141,032,000
- % of Competitive Applications at Cut-off Allotted
- 4.01%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 2.69
Upcoming Auctions
Announcement | Auction | Issue | Maturity | Code | ISIN |
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04 Sep 2025 | 11 Sep 2025 | 16 Sep 2025 | 17 Mar 2026 | BS25118F | SGXZ80741986 |
18 Sep 2025 | 25 Sep 2025 | 30 Sep 2025 | 31 Mar 2026 | BS25119Z | SGXZ10256311 |
02 Oct 2025 | 09 Oct 2025 | 14 Oct 2025 | 14 Apr 2026 | BS25120N | SGXZ14348890 |
15 Oct 2025 | 23 Oct 2025 | 28 Oct 2025 | 28 Apr 2026 | BS25121V | SGXZ81806382 |