10-Year SGS Bond NY14100E (29 Jan 2020) Cut-Off Yield 1.64%

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29 Jan 2020

This issue offers investors a cut-off yield of 1.64% p.a., lower than that (1.69% p.a.) of the previous issue, NY14100E (28 Aug 2019).

The total value of applications in this auction was $4.8B, representing a bid-to-cover ratio of 1.92. This is lower than the $5.5B (bid-to-cover ratio 1.89) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 1.64% get around 1.37% of the amount applied.

Auction Closed

Announcement Date
21 Jan 2020 Notify me
Auction Date
29 Jan 2020 Notify me
Issue Date
03 Feb 2020
Maturity Date
01 Jul 2029
Issue Code
NY14100E (Reopened)
Issue No
3
ISIN Code
SG3263998209
Coupon Rate
2.875% p.a.
Coupon Payment Dates
01 Jan and 01 Jul
Cut-Off Yield
1.64% p.a.
Cut-Off Price
110.988
Median Yield
1.60% p.a.
Median Price
111.357
Average Yield
1.56% p.a.
Average Price
111.727
Total Amount Offered
$2,500,000,000
MAS's Intended Tender Amount
$200,000,000
Accrued Interest Payable by Investor
33 Day(s)
Amount Allotted to Non-Competitive Applications
$330,207,000
Amount Allotted to MAS
$200,000,000
Total Amount Applied
$4,807,306,000
% of Competitive Applications at Cut-off Allotted
1.37%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
1.92

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