2-Year SGS Bond NY07100X (27 Aug 2020) Cut-Off Yield 0.32%

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27 Aug 2020

This issue offers investors a cut-off yield of 0.32% p.a., lower than that (0.54% p.a.) of the previous issue, N518100E (28 Apr 2020).

The total value of applications in this auction was $5.7B, representing a bid-to-cover ratio of 1.98. This is higher than the $5.0B (bid-to-cover ratio 2.19) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 0.32% get around 73.41% of the amount applied.

Auction Closed

Announcement Date
20 Aug 2020 Notify me
Auction Date
27 Aug 2020 Notify me
Issue Date
01 Sep 2020
Maturity Date
01 Sep 2022
Issue Code
NY07100X (Reopened)
Issue No
5
ISIN Code
SG7J28931946
Coupon Rate
3.125% p.a.
Coupon Payment Dates
01 Sep and 01 Mar
Cut-Off Yield
0.32% p.a.
Cut-Off Price
105.588
Median Yield
0.28% p.a.
Median Price
105.670
Average Yield
0.28% p.a.
Average Price
105.670
Total Amount Offered
$2,900,000,000
MAS's Intended Tender Amount
$200,000,000
Accrued Interest Payable by Investor
0 Day(s)
Amount Allotted to Non-Competitive Applications
$317,704,000
Amount Allotted to MAS
$200,000,000
Total Amount Applied
$5,731,325,000
% of Competitive Applications at Cut-off Allotted
73.41%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
1.98

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