Sunday, September 7, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Real Estate

Latest Singapore six-month T-bill cut-off yield falls to 2%

by Stephanie Irvin
in Real Estate
Latest Singapore six-month T-bill cut-off yield falls to 2%
Share on FacebookShare on Twitter


It is the seventh consecutive issuance since Mar 26 for which yields have declined

[SINGAPORE] The cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) inched down to 2 per cent, based on auction results released by the Monetary Authority of Singapore on Thursday (Jun 19).

This was a slight decrease from the 2.05 per cent offered in the previous six-month auction that closed on Jun 5.

It was also the lowest level that yields have hit in the year to date and marked the seventh consecutive issuance since Mar 26 for which yields have declined.

Demand for the latest tranche fell. The auction received a total of S$15.9 billion in applications for the S$7.5 billion on offer, representing a bid-to-cover ratio of 2.13.

In comparison, the previous auction received a total of S$17.9 billion in applications for the S$7.6 billion on offer, representing a bid-to-cover ratio of 2.35.

Median yield for the latest auction stood at 1.95 per cent, down slightly from 1.99 per cent in the previous auction.

Average yield decreased to 1.88 per cent, from 1.9 per cent previously.

All non-competitive bids were allotted, amounting to S$1.3 billion, while around 11 per cent of competitive applications at the cut-off yield were allotted.

Singapore will issue up to another S$450 billion in government securities, with a parliamentary motion having been passed in November last year to raise the government’s issuance limit to S$1.515 trillion, from S$1.065 trillion previously. The new limit is expected to last until 2029. 

Copyright SPH Media. All rights reserved.

Tags: CutoffFallsLatestSingaporesixmonthTbillYield
Stephanie Irvin

Stephanie Irvin

Next Post
Uber warns Hong Kong drivers and riders of possible new curbs

Uber warns Hong Kong drivers and riders of possible new curbs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2025 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In