When does BS95100S mature?

BS95100S matures on 17 Aug 1995. T-bills are zero-coupon: you pay below face value at issue and receive the full S$1,000 per bill at maturity.

What was the bid-to-cover ratio for BS95100S?

BS95100S had a bid-to-cover ratio of 1.67 — investors submitted S$1.67 in bids for every S$1 of issue size.

How does BS95100S's cutoff yield compare to recent 6-month T-bill auctions?

BS95100S's 1.05% cutoff is down 295 bp from the previous 6-month auction. Recent cutoffs: 4.00% (BS89101V, 17 Jul 1989), 3.88% (BS89100N, 13 Feb 1989), 4.73% (BY88100Z, 19 Sep 1988).

How does BS95100S's cutoff yield compare to the current SSB?

BS95100S cleared at 1.05%, 62 bp lower than the latest SSB year-1 rate of 1.67% (GX26110X). The T-bill locks funds for the full 6-month; the SSB year-1 rate applies for one year then steps up annually toward the 10-year average of 2.45%.

Can I buy BS95100S with CPF?

T-bills are CPFIS-OA and CPFIS-SA eligible — you can fund the purchase from your CPF Ordinary Account or Special Account via your bank's CPFIS portal. There are bank-specific fees and a "dead-money" gap to watch. See /learn/how-to-buy-t-bills-with-cpf/ for the full mechanics.

6-month T-bill

BS95100S

Auctioned 13 Feb 1995 · Issued 16 Feb 1995 · Matures 17 Aug 1995

Cutoff yield

1.05%

Auction details

Bid-to-cover:: 1.67 (S$1.67 in bids for every S$1 of issue size)
Amount issued:: S$150M
Tenor:: 6-month

6-month cutoff yield history

Full interactive chart →

This auction in context

Yield change: The 1.05% cutoff is 295 bp lower than the previous 6-month auction (BS89101V, 4.00% on 17 Jul 1989).

Descriptive observations from MAS auction history — not forecasts or recommendations.

How this auction worked

MAS runs a uniform-price auction: every successful bidder — competitive or non-competitive — pays the cutoff yield. The cutoff is the highest yield accepted to fill the issue size; the median is the middle of all submitted bids, so the gap between them shows how far the last accepted bid sat above the middle of the pool. The bid-to-cover ratio is the total amount bid divided by the amount issued.

Allotment outcome

Competitive bids at the cutoff:: 73.0% of the amount applied
Total bids received:: S$251M

As published by MAS for this auction. Non-competitive bids are allotted first and pro-rated only if they exceed 40% of the issue size.

Frequently asked questions

When does BS95100S mature?: BS95100S matures on 17 Aug 1995. T-bills are zero-coupon: you pay below face value at issue and receive the full S$1,000 per bill at maturity.
What was the bid-to-cover ratio for BS95100S?: BS95100S had a bid-to-cover ratio of 1.67 — investors submitted S$1.67 in bids for every S$1 of issue size.
How does BS95100S's cutoff yield compare to recent 6-month T-bill auctions?: BS95100S's 1.05% cutoff is down 295 bp from the previous 6-month auction. Recent cutoffs: 4.00% (BS89101V, 17 Jul 1989), 3.88% (BS89100N, 13 Feb 1989), 4.73% (BY88100Z, 19 Sep 1988).
How does BS95100S's cutoff yield compare to the current SSB?: BS95100S cleared at 1.05%, 62 bp lower than the latest SSB year-1 rate of 1.67% (GX26110X). The T-bill locks funds for the full 6-month; the SSB year-1 rate applies for one year then steps up annually toward the 10-year average of 2.45%.
Can I buy BS95100S with CPF?: T-bills are CPFIS-OA and CPFIS-SA eligible — you can fund the purchase from your CPF Ordinary Account or Special Account via your bank's CPFIS portal. There are bank-specific fees and a "dead-money" gap to watch. See /learn/how-to-buy-t-bills-with-cpf/ for the full mechanics.

BS95100S

This auction in context

How this auction worked

Allotment outcome

Frequently asked questions

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