What is the maximum amount of T-bills that I can apply for as an individual investor?
The sum of the competitive and non-competitive applications that may be allotted to an individual is capped at 15% of the issuance size of the T-bills auction.
In addition, the non-competitive application per individual is capped at S$1 million per T-bills auction. Please note that final allotment could be less than S$1 million per T-bills auction, if the total amount of non-competitive applications exceeds 40%, which will result in the T-bills being allotted to non-competitive applications on a pro-rated basis.
This information is sourced from MAS
Related questions
How are the T-bills allotted and how are the yields of the T-bills allotted to me determined?
What is the difference between non-competitive and competitive applications?
Why is the amount of refund I received different from what I had calculated based on the auction results?
How do I read the T-bills auction results?
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