What happened? We saw demand for T-bills declining slightly in the latest auction. Likewise, applications for the latest issuance of the Singapore Savings Bond (SSB) also fell. There were S$867.5 million of applications for the latest SSB (SBJAN24 GX24010F). As this was below the S$1.1 billion of SSBs offered, all eligible applicants within their individual allotment limits […]

source: https://thefinance.sg/2023/12/29/ssb-allotment-rises-with-lower-demand-heres-what-else-we-learnt/