Allotment Limits

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 allotmentsNote – the maximum auction allocation limits under competitive bids for PDs and non-PDs include the amounts of non-competitive bids. will be accorded to PDs and non-PDs as follows:

   Competitive Bids Non-Competitive Bids 
Primary Dealer    30%  1%
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.