You are not viewing the most recent issue. View the most recent issue, BS25121V (23 Oct 2025) instead.
6-Month T-bill BS25110H (22 May 2025) Cut-Off Yield 2.20%
22 May 2025
This issue offers investors a cut-off yield of 2.20% p.a., lower than that (2.30% p.a.) of the previous issue, BS25109V (07 May 2025).
The total value of applications in this auction was $18.1B, representing a bid-to-cover ratio of 2.41. This is higher than the $17.1B (bid-to-cover ratio 2.32) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 2.20% get around 59.46% of the amount applied.
Auction Closed
- Announcement Date
- 15 May 2025 Notify me
- Auction Date
- 22 May 2025 Notify me
- Issue Date
- 27 May 2025
- Maturity Date
- 25 Nov 2025
- Issue Code
- BS25110H
- ISIN Code
- SGXZ95105383
- Cut-Off Yield
- 2.20% p.a.
- Cut-Off Price
- 98.903
- Median Yield
- 2.18% p.a.
- Median Price
- 98.913
- Average Yield
- 2.07% p.a.
- Average Price
- 98.968
- Total Amount Offered
- $7,500,000,000
- Amount Allotted to Non-Competitive Applications
- $1,517,247,000
- Total Amount Applied
- $18,077,223,000
- % of Competitive Applications at Cut-off Allotted
- 59.46%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 2.41
Upcoming Auctions
| Announcement | Auction | Issue | Maturity | Code | ISIN |
|---|---|---|---|---|---|
| 30 Oct 2025 | 06 Nov 2025 | 11 Nov 2025 | 12 May 2026 | BS25122A | SGXZ92535467 |
| 13 Nov 2025 | 20 Nov 2025 | 25 Nov 2025 | 26 May 2026 | BS25123E | SGXZ46389284 |
| 27 Nov 2025 | 04 Dec 2025 | 09 Dec 2025 | 09 Jun 2026 | BS25124F | SGXZ55213599 |
| 11 Dec 2025 | 18 Dec 2025 | 23 Dec 2025 | 23 Jun 2026 | BS25125Z | SGXZ20824181 |