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2-Year SGS Bond N513100T (29 Mar 2016) Cut-Off Yield 0.96%
29 Mar 2016
This issue offers investors a cut-off yield of 0.96% p.a., lower than that (1.45% p.a.) of the previous issue, N215100F (28 Sep 2015).
The total value of applications in this auction was $5.9B, representing a bid-to-cover ratio of 2.25. This is higher than the $4.7B (bid-to-cover ratio 1.86) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.96% get around 32.32% of the amount applied.
Auction Closed
- Announcement Date
- 21 Mar 2016 Notify me
- Auction Date
- 29 Mar 2016 Notify me
- Issue Date
- 01 Apr 2016
- Maturity Date
- 01 Apr 2018
- Issue Code
- N513100T (Reopened)
- Issue No
- 3
- ISIN Code
- SG3259987679
- Coupon Rate
- 0.500% p.a.
- Coupon Payment Dates
- 01 Apr and 01 Oct
- Cut-Off Yield
- 0.96% p.a.
- Cut-Off Price
- 99.091
- Median Yield
- 0.90% p.a.
- Median Price
- 99.209
- Average Yield
- 0.89% p.a.
- Average Price
- 99.229
- Total Amount Offered
- $2,600,000,000
- MAS's Intended Tender Amount
- $200,000,000
- Accrued Interest Payable by Investor
- 0 Day(s)
- Amount Allotted to Non-Competitive Applications
- $325,178,000
- Amount Allotted to MAS
- $200,000,000
- Total Amount Applied
- $5,856,679,000
- % of Competitive Applications at Cut-off Allotted
- 32.32%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 2.25
Upcoming Auctions
| Announcement | Auction | Issue | Maturity | New/Reopen | Code | ISIN |
|---|---|---|---|---|---|---|
| 23 May 2024 | 29 May 2024 | 03 Jun 2024 | 01 Nov 2026 | Reopen | N521100V | SGXF12888537 |