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Central bank offers cut-off yield for 6-month T-bill at 3.78%
It is expected to mature on 17 September 2024.
A new six-month treasury bill (T-bill) offering a cut-off yield of 3.78% per annum has been set for auction, according to an announcement by the Monetary Authority of Singapore (MAS).
The BS24105X bill has a total amount allotted of $6.3b with a minimum denomination of $1,000.
ALSO READ: Central bank says cut-off yield of new 6-month T-bill at 3.73%
Its total amount applied is $14.4b, whereas $2.5b was allotted to non-competitive applications.
Interested investors may apply through primary dealers before the closing date of application.
The new T-bill was auctioned last 14 March 2023.
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