6-Month T-bill BS25105T (13 Mar 2025) Cut-Off Yield 2.56%

T-bill splash image

13 Mar 2025

This issue offers investors a cut-off yield of 2.56% p.a., lower than that (2.75% p.a.) of the previous issue, BS25104H (27 Feb 2025).

The total value of applications in this auction was $19.8B, representing a bid-to-cover ratio of 2.64. This is lower than the $20.1B (bid-to-cover ratio 2.69) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 2.56% get around 39.69% of the amount applied.

Auction Closed

Announcement Date
06 Mar 2025 Notify me
Auction Date
13 Mar 2025 Notify me
Issue Date
18 Mar 2025
Maturity Date
16 Sep 2025
Issue Code
BS25105T
ISIN Code
SGXZ91426395
Cut-Off Yield
2.56% p.a.
Cut-Off Price
98.724
Median Yield
2.50% p.a.
Median Price
98.753
Average Yield
2.41% p.a.
Average Price
98.798
Total Amount Offered
$7,500,000,000
Amount Allotted to Non-Competitive Applications
$1,928,727,000
Total Amount Applied
$19,827,481,000
% of Competitive Applications at Cut-off Allotted
39.69%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.64

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityCodeISIN
26 Jun 202503 Jul 202508 Jul 202506 Jan 2026BS25113WSGXZ89298723
10 Jul 202517 Jul 202522 Jul 202520 Jan 2026BS25114NSGXZ64378292
24 Jul 202531 Jul 202505 Aug 202503 Feb 2026BS25115VSGXZ18992552
07 Aug 202514 Aug 202519 Aug 202517 Feb 2026BS25116ASGXZ36919934

Monitor Upcoming Auctions