The average rate of return for the latest auction was 1.6%, a slight decline from 1.64% in the previous period.
According to data released by the Monetary Authority of Singapore on Thursday (July 17), the demand for the latest batch of six-month Treasury bonds fell, from 2.15 times that of the previous period to 2.04 times. The total subscription amount is 15.5 billion yuan and the issuance scale is 7.6 billion yuan.
Investors who subscribe through non-competitive bidding will receive the full amount of the total allocated subscription amount, with a subscription amount of 1.2 billion yuan. About 44% of investors who subscribe through bids were allocated.
The latest six-month Singapore government T-bills (T-bills) ended yield was 1.79%, lower than the previous period's 1.85%.