Investors who subscribed by non-competitive bidding received 100% of the total subscription amount, with a subscription amount of 1.5 billion yuan. About 44% of investors who subscribe through bidding were allocated.

The deadline for the six-month Treasury bill auction announced on January 9 early this year was 2.99%. In contrast, the latest batch of six-month Treasury bills has dropped by about 94 basis points.

The latest batch of six-month Singapore T-bills (T-bills) has a final yield of 2.05%, a further decline from the previous period of 2.2%, and has fallen 10 consecutive times this year.

The average yield of the latest auction fell to 1.9%, compared with 2.07% in the previous period.

The Monetary Authority of Singapore announced on Thursday (June 5) that the subscription demand for the latest batch of six-month treasury bills has decreased from 2.41 times the previous batch to 2.35 times. The total subscription amount is 17.9 billion yuan and the issuance scale is 7.6 billion yuan.