2-Year SGS Bond N516100Z (26 Sep 2019) Cut-Off Yield 1.66%

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26 Sep 2019

This issue offers investors a cut-off yield of 1.66% p.a., lower than that (1.94% p.a.) of the previous issue, N516100Z (29 May 2019).

The total value of applications in this auction was $6.0B, representing a bid-to-cover ratio of 2.01. This is higher than the $5.9B (bid-to-cover ratio 2.02) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 1.66% get around 19.77% of the amount applied.

Auction Closed

Announcement Date
19 Sep 2019 Notify me
Auction Date
26 Sep 2019 Notify me
Issue Date
01 Oct 2019
Maturity Date
01 Oct 2021
Issue Code
N516100Z (Reopened)
Issue No
4
ISIN Code
SG31B0000009
Coupon Rate
1.250% p.a.
Coupon Payment Dates
01 Oct and 01 Apr
Cut-Off Yield
1.66% p.a.
Cut-Off Price
99.197
Median Yield
1.61% p.a.
Median Price
99.294
Average Yield
1.60% p.a.
Average Price
99.314
Total Amount Offered
$3,000,000,000
MAS's Intended Tender Amount
$200,000,000
Accrued Interest Payable by Investor
0 Day(s)
Amount Allotted to Non-Competitive Applications
$267,701,000
Amount Allotted to MAS
$200,000,000
Total Amount Applied
$6,027,890,000
% of Competitive Applications at Cut-off Allotted
19.77%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.01

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