, Singapore

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.

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