MAS’ new T-bill has an allotted amount of $5.4b

The six-month treasury bill’s maturity date is on 9 January 2024.

Singapore’s central bank announced that its recent BS23113V 6-Month T-bill has a cut-off yield of 3.99%.

In a statement, the Monetary Authority of Singapore (MAS) auctioned the T-bill on 6 July 2023, whilst the issue date is set five days after the auction date.

The amount allotted to Non-Competitive Applications is $2.2b and the total amount applied is $10.3b.

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Individual investors can submit their tender for SGS through selected banks’ ATMs and internet banking portals.

“Applications through these channels may close one to two business days before the auction. Individual investors should check with their banks on the exact cut-off time,” read the statement.