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30-Year SGS Bond NA16100H (27 Oct 2016) Cut-Off Yield 2.29%
27 Oct 2016
This issue offers investors a cut-off yield of 2.29% p.a., lower than that (2.87% p.a.) of the previous issue, NA16100H (25 Feb 2016).
The total value of applications in this auction was $1.2B, representing a bid-to-cover ratio of 1.98. This is lower than the $3.1B (bid-to-cover ratio 1.57) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 2.29% get around 27.61% of the amount applied.
Auction Closed
- Announcement Date
- 20 Oct 2016 Notify me
- Auction Date
- 27 Oct 2016 Notify me
- Issue Date
- 01 Nov 2016
- Maturity Date
- 01 Mar 2046
- Issue Code
- NA16100H (Reopened)
- Issue No
- 2
- ISIN Code
- SG31A7000004
- Coupon Rate
- 2.750% p.a.
- Coupon Payment Dates
- 01 Sep and 01 Mar
- Cut-Off Yield
- 2.29% p.a.
- Cut-Off Price
- 110.248
- Median Yield
- 2.27% p.a.
- Median Price
- 110.700
- Average Yield
- 2.23% p.a.
- Average Price
- 111.612
- Total Amount Offered
- $600,000,000
- MAS's Intended Tender Amount
- $0
- Accrued Interest Payable by Investor
- 61 Day(s)
- Amount Allotted to Non-Competitive Applications
- $60,340,000
- Amount Allotted to MAS
- $0
- Total Amount Applied
- $1,185,854,000
- % of Competitive Applications at Cut-off Allotted
- 27.61%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 1.98
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22 Apr 2025 | 28 Apr 2025 | 02 May 2025 | 01 Jun 2054 | Reopen | NA24300E | SGXPK17B11U8 |