Singapore Government S$4.6 Billion 6 Months Treasury Bill Yield Reaches 4.4% in Auction with S$9.3 Billion Orders, Average Yield of 3.73% with 82% of Competitive Bids Allocated
8th December 2022 | Singapore
Singapore government S$4.6 billion 6 months Treasury-Bill yield reached 4.4% (Cut-off Yield) in the 8th December 2022 auction with S$9.3 billion applied orders, with the auction producing an average yield of 3.73% with 82% of competitive bids allocated. 100% of non-competitive bids were allocated. The announcement was made on the 1st of December 2022, with auction date on 8th December 2022. The Singapore Government S$4.6 billion 6 months Treasury-Bill issue date is on 13th December 2022 and will mature on 13th June 2023. Singapore government offers 3 types of bonds & bills to investors: Singapore Savings Bonds, Singapore Government Securities (SGS) and Treasury-Bills. The outstanding amount of SGS bonds had increased year-on-year, from S$149.1 billion to S$161.1 billion (1/11/22). View Singapore Government 2023 Issuance Calendar
“ Singapore Government S$4.6 Billion 6 Months Treasury Bill Yield Reaches 4.4% in Auction with S$9.3 Billion Orders, Average Yield of 3.73% with 82% of Competitive Bids Allocated “
Monetary Authority of Singapore: Over the past five years, outstanding SGS bonds have grown steadily at an average rate of around 9% per annum. While global financial conditions tightened significantly in 2022 on the back of accelerated rate hikes by central banks in advanced economies, investor demand for SGS remained healthy. The outstanding amount of SGS bonds increased year-on- year, from S$149.1 billion to S$161.1 billion as at 1 November 2022.
Singapore Government – Treasury Bill
How to apply
Submit your application through a primary dealer, with enough time for them to submit it to MAS by the cut-off time on the closing day. Primary dealers can submit bids through the eApps facility.
For individual investors
Check with the banks on the exact closing date for T-bills applications through the various channels.
For cash application: DBS/POSB, OCBC and UOB ATMs and internet banking portal.
For SRS application: Internet banking portal of your SRS Operator (DBS/POSB, OCBC, or UOB).
For CPFIS-OA application: You will need to submit an application in person at any branch of your CPFIS-OA agent bank. Application is restricted to your CPFIS-OA agent bank to facilitate the settlement process for SGS bonds and T-bills purchased under CPFIS-OA.
For CPFIS-SA application: You will need to submit an application in person at any branch of the CPFIS bond dealers (DBS/POSB, OCBC, or UOB).
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2024 Investment Day
- March 2024 - Hong Kong
- March 2024 - Singapore
- July 2024 - Hong Kong
- July 2024 - Singapore
- Sept 2024 - Hong Kong
- Sept 2024 - Singapore
- Oct 2024 - Hong Kong
- Nov 2024 - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
