30-Year SGS Bond NA20100F (27 Jan 2021) Cut-Off Yield 1.40%

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27 Jan 2021

This issue offers investors a cut-off yield of 1.40% p.a., lower than that (1.90% p.a.) of the previous issue, NA20100F (26 Feb 2020).

The total value of applications in this auction was $5.6B, representing a bid-to-cover ratio of 1.81. This is higher than the $5.4B (bid-to-cover ratio 2.36) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 1.40% get around 43.47% of the amount applied.

Auction Closed

Announcement Date
20 Jan 2021 Notify me
Auction Date
27 Jan 2021 Notify me
Issue Date
01 Feb 2021
Maturity Date
01 Mar 2050
Issue Code
NA20100F (Reopened)
Issue No
4
ISIN Code
SGXF27246101
Coupon Rate
1.875% p.a.
Coupon Payment Dates
01 Sep and 01 Mar
Cut-Off Yield
1.40% p.a.
Cut-Off Price
112.106
Median Yield
1.30% p.a.
Median Price
114.677
Average Yield
1.26% p.a.
Average Price
115.725
Total Amount Offered
$3,100,000,000
MAS's Intended Tender Amount
$300,000,000
Accrued Interest Payable by Investor
153 Day(s)
Amount Allotted to Non-Competitive Applications
$553,124,000
Amount Allotted to MAS
$300,000,000
Total Amount Applied
$5,610,711,000
% of Competitive Applications at Cut-off Allotted
43.47%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
1.81

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