The Business Times
business-time-50

Singapore’s latest 6-month Treasury bill auction draws record 92,000 bids totalling S$14.2b

google-preferred-sourceAdd BT as a preferred source
Tay Peck Gek

Tay Peck Gek

Published Thu, Nov 10, 2022 · 08:17 PM
    • Due to overwhelming interest, the MAS put out a notice in the afternoon to announce the delay in publication of the results of the latest six-month Treasury bill auction.
    • The publication of the results of the Treasury bill auction was delayed for hours. The Monetary Authority of Singapore posted a notice about the sheer volume of applications.
    • Due to overwhelming interest, the MAS put out a notice in the afternoon to announce the delay in publication of the results of the latest six-month Treasury bill auction. PHOTO: ST FILE
    • The publication of the results of the Treasury bill auction was delayed for hours. The Monetary Authority of Singapore posted a notice about the sheer volume of applications. SCREENSHOT: MAS WEBSITE

    INVESTORS poured a massive S$14.2 billion into Singapore’s latest six-month Treasury bill (T-bill) auction in a record-high volume of applications.

    Consequently, the results of the auction which ended with a cut-off yield of 4 per cent were delayed on Thursday (Nov 10) by over five hours.

    Against an allotment size of S$4.5 billion, the application monies represented an oversubscription rate of 3.2 times. In a notice on Thursday evening, the Monetary Authority of Singapore (MAS) said: “Today’s auction for the six-month T-bill (BS22122Z) received over 92,000 bids, which is a record high and far exceeds the bids received for the last T-bill auction.”

    Monetary Authority of SingaporeCPFInterest rates

    TRENDING NOW

    Out of the 18,000 fresh graduates, 9,100 have found employment and 5,400 are outside the labour force, mainly for voluntary reasons.

    1 in 5 fresh graduates from autonomous universities still seeking employment: MOM

    For H1 2026, Seatrium’s net profit jumped 158.3% year on year to S$372.9 million.

    Can Seatrium build on its robust H1 earnings? UOBKH and DBS analysts have divided views

    Grant Wee built Hideaway as a massage-and-bathhouse concept centred on solitude and recovery.

    UOB CEO’s youngest child Grant Wee turns burnout into a wellness business

    UOB group chief financial officer Leong Yung Chee (left) and AllianzGI CEO Tobias Pross at the signing of the strategic distribution partnership.

    UOB to sell asset management arm to Allianz Global Investors for S$555 million, sharpen wealth advisory focus

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More