SGS bonds and T-bills allotment limits explained
In general, there are no limits to the number of competitive bids that can be submitted. The maximum allotments
|Competitive Bids||Non-Competitive Bids|
|Non-Primary Dealer||15%||S$2mil per bond application;
S$1mil per T-bill application
Total non-competitive allotments are subject to a limit of 40% of issue on offer, with pro-rated application if application exceeds this limit.