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10-Year SGS Bond NX25100H (26 Feb 2025) Cut-Off Yield 2.79%
26 Feb 2025
This issue offers investors a cut-off yield of 2.79% p.a., lower than that (3.46% p.a.) of the previous issue, NX24100T (26 Apr 2024).
The total value of applications in this auction was $6.5B, representing a bid-to-cover ratio of 2.03. This is higher than the $5.8B (bid-to-cover ratio 1.99) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 2.79% get around 45.86% of the amount applied.
Auction Closed
- Announcement Date
- 20 Feb 2025 Notify me
- Auction Date
- 26 Feb 2025 Notify me
- Issue Date
- 03 Mar 2025
- Maturity Date
- 03 Mar 2035
- Issue Code
- NX25100H (New)
- ISIN Code
- SGXF25686589
- Coupon Rate
- 2.750% p.a.
- Coupon Payment Dates
- 01 Mar and 01 Sep
- Cut-Off Yield
- 2.79% p.a.
- Cut-Off Price
- 99.653
- Median Yield
- 2.75% p.a.
- Median Price
- 100.000
- Average Yield
- 2.71% p.a.
- Average Price
- 100.348
- Total Amount Offered
- $3,200,000,000
- MAS's Intended Tender Amount
- $300,000,000
- Amount Allotted to Non-Competitive Applications
- $503,651,000
- Amount Allotted to MAS
- $300,000,000
- Total Amount Applied
- $6,501,458,000
- % of Competitive Applications at Cut-off Allotted
- 45.86%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 2.03
Upcoming Auctions
| Announcement | Auction | Issue | Maturity | New/Reopen | Code | ISIN |
|---|---|---|---|---|---|---|
| 23 Oct 2025 | 29 Oct 2025 | 03 Nov 2025 | 01 Aug 2036 | Reopen | NZ16100X | SG31A9000002 |