Central bank says cut-off yield of new 6-month T-bill at 3.73%
Its maturity date is 19 March 2024.
A new six-month T-bill, with a cut-off yield of 3.73%, has been set for auction, Singapore’s central bank said.
In an announcement, the Monetary Authority of Singapore (MAS) said the BS23118S bill has an amount allotted of $5.5b.
Its total amount applied is $11.2b whilst a total amount of $1.6 b was allotted to non-competitive applications.
“Individual investors can submit bids for SGS through selected banks' ATMs and internet banking portals. Applications through these channels may close 1 to 2 business days before the auction. Individual investors should check with their banks on the exact cut-off time,” MAS said.
The new T-bill was auctioned on 14 September 2023.