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5-Year SGS Bond NX13100H (28 May 2018) Cut-Off Yield 2.39%
28 May 2018
This issue offers investors a cut-off yield of 2.39% p.a., higher than that (2.08% p.a.) of the previous issue, N517100F (27 Mar 2018).
The total value of applications in this auction was $3.4B, representing a bid-to-cover ratio of 1.53. This is higher than the $1.7B (bid-to-cover ratio 2.16) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 2.39% get around 30.51% of the amount applied.
Auction Closed
- Announcement Date
- 21 May 2018 Notify me
- Auction Date
- 28 May 2018 Notify me
- Issue Date
- 01 Jun 2018
- Maturity Date
- 01 Jul 2023
- Issue Code
- NX13100H (Reopened)
- Issue No
- 5
- ISIN Code
- SG3260987684
- Coupon Rate
- 2.750% p.a.
- Coupon Payment Dates
- 01 Jan and 01 Jul
- Cut-Off Yield
- 2.39% p.a.
- Cut-Off Price
- 102.859
- Median Yield
- 2.33% p.a.
- Median Price
- 103.148
- Average Yield
- 2.26% p.a.
- Average Price
- 103.486
- Total Amount Offered
- $2,200,000,000
- MAS's Intended Tender Amount
- $200,000,000
- Accrued Interest Payable by Investor
- 151 Day(s)
- Amount Allotted to Non-Competitive Applications
- $299,749,000
- Amount Allotted to MAS
- $200,000,000
- Total Amount Applied
- $3,376,394,000
- % of Competitive Applications at Cut-off Allotted
- 30.51%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 1.53
Upcoming Auctions
Announcement | Auction | Issue | Maturity | New/Reopen | Code | ISIN |
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20 Mar 2025 | 26 Mar 2025 | 01 Apr 2025 | 01 Apr 2030 | New | N525100T | SGXF69708166 |