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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