The Singapore Monetary Authority announced on Thursday (June 19) that the subscription rate of the latest batch of six-month treasury bonds has dropped from 2.35 times the previous batch to 2.13 times, with a total subscription amount of 15.9 billio...
The Singapore Monetary Authority announced on Thursday (June 19) that the subscription rate of the latest batch of six-month treasury bonds has dropped from 2.35 times the previous batch to 2.13 times, with a total subscription amount of 15.9 billion yuan, lower than the previous batch of 17.9 billion yuan; the issuance scale of the new batch of treasury bonds is 7.5 billion yuan, lower than the previous batch of 7.6 billion yuan.
The latest batch of six-month Singapore T-bills (T-bills) fell to 2.0%, marking the lowest level since the year, down from 2.05% of the previous batch.
The average yield of the latest auction of Treasury bills fell from 1.9% of the previous batch to 1.88%. Investors who subscribed through non-competitive bidding received 100% of the total subscription amount, totaling 1.3 billion yuan. About 11% of investors who subscribe through bidding were allocated.
