2-Year SGS Bond N519100A (27 May 2021) Cut-Off Yield 0.46%

SGS bond splash image

27 May 2021

This issue offers investors a cut-off yield of 0.46% p.a., higher than that (0.41% p.a.) of the previous issue, N518100E (24 Feb 2021).

The total value of applications in this auction was $2.6B, representing a bid-to-cover ratio of 2.03. This is lower than the $5.8B (bid-to-cover ratio 2.08) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.46% get around 45.07% of the amount applied.

Auction Closed

Announcement Date
19 May 2021 Notify me
Auction Date
27 May 2021 Notify me
Issue Date
01 Jun 2021
Maturity Date
01 Feb 2024
Issue Code
N519100A (Reopened)
Issue No
2
ISIN Code
SGXF92110679
Coupon Rate
2.000% p.a.
Coupon Payment Dates
01 Feb and 01 Aug
Cut-Off Yield
0.46% p.a.
Cut-Off Price
104.742
Median Yield
0.43% p.a.
Median Price
104.824
Average Yield
0.42% p.a.
Average Price
104.851
Total Amount Offered
$1,300,000,000
MAS's Intended Tender Amount
$0
Accrued Interest Payable by Investor
120 Day(s)
Amount Allotted to Non-Competitive Applications
$83,888,000
Amount Allotted to MAS
$0
Total Amount Applied
$2,639,208,000
% of Competitive Applications at Cut-off Allotted
45.07%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.03

View Past Auctions

Upcoming Auctions

AnnouncementAuctionIssueMaturityNew/ReopenCodeISIN
21 Jan 202527 Jan 202503 Feb 202501 Mar 2027ReopenNZ07100SSG7J60932174

Monitor Upcoming Auctions