2-Year SGS Bond N513100T (29 Mar 2016) Cut-Off Yield 0.96%

SGS bond splash image

29 Mar 2016

This issue offers investors a cut-off yield of 0.96% p.a., lower than that (1.45% p.a.) of the previous issue, N215100F (28 Sep 2015).

The total value of applications in this auction was $5.9B, representing a bid-to-cover ratio of 2.25. This is higher than the $4.7B (bid-to-cover ratio 1.86) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.96% get around 32.32% of the amount applied.

Auction Closed

Announcement Date
21 Mar 2016 Notify me
Auction Date
29 Mar 2016 Notify me
Issue Date
01 Apr 2016
Maturity Date
01 Apr 2018
Issue Code
N513100T (Reopened)
Issue No
3
ISIN Code
SG3259987679
Coupon Rate
0.500% p.a.
Coupon Payment Dates
01 Apr and 01 Oct
Cut-Off Yield
0.96% p.a.
Cut-Off Price
99.091
Median Yield
0.90% p.a.
Median Price
99.209
Average Yield
0.89% p.a.
Average Price
99.229
Total Amount Offered
$2,600,000,000
MAS's Intended Tender Amount
$200,000,000
Accrued Interest Payable by Investor
0 Day(s)
Amount Allotted to Non-Competitive Applications
$325,178,000
Amount Allotted to MAS
$200,000,000
Total Amount Applied
$5,856,679,000
% of Competitive Applications at Cut-off Allotted
32.32%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.25

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityNew/ReopenCodeISIN
23 Jul 202529 Jul 202501 Aug 202501 Sep 2027ReopenN522100NSGXF33080817

Monitor Upcoming Auctions