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5-Year SGS Bond N522100N (27 Feb 2024) Cut-Off Yield 3.09%
27 Feb 2024
This issue offers investors a cut-off yield of 3.09% p.a., higher than that (2.96% p.a.) of the previous issue, N523100W (27 Jul 2023).
The total value of applications in this auction was $2.7B, representing a bid-to-cover ratio of 1.81. This is lower than the $6.5B (bid-to-cover ratio 2.59) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 3.09% get around 13.61% of the amount applied.
Auction Closed
- Announcement Date
- 21 Feb 2024 Notify me
- Auction Date
- 27 Feb 2024 Notify me
- Issue Date
- 01 Mar 2024
- Maturity Date
- 01 Sep 2027
- Issue Code
- N522100N (Reopened)
- Issue No
- 2
- ISIN Code
- SGXF33080817
- Coupon Rate
- 2.875% p.a.
- Coupon Payment Dates
- 01 Mar and 01 Sep
- Cut-Off Yield
- 3.09% p.a.
- Cut-Off Price
- 99.292
- Median Yield
- 3.03% p.a.
- Median Price
- 99.489
- Average Yield
- 3.00% p.a.
- Average Price
- 99.588
- Total Amount Offered
- $1,500,000,000
- MAS's Intended Tender Amount
- $0
- Accrued Interest Payable by Investor
- 0 Day(s)
- Amount Allotted to Non-Competitive Applications
- $65,036,000
- Amount Allotted to MAS
- $0
- Total Amount Applied
- $2,709,447,000
- % of Competitive Applications at Cut-off Allotted
- 13.61%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 1.81
Upcoming Auctions
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20 Mar 2025 | 26 Mar 2025 | 01 Apr 2025 | 01 Apr 2030 | New | N525100T | SGXF69708166 |