You are not viewing the most recent issue. View the most recent issue, NA16100H (27 Feb 2024) instead.
20-Year SGS Bond NZ19100S (28 Sep 2020) Cut-Off Yield 1.27%
28 Sep 2020
This issue offers investors a cut-off yield of 1.27% p.a., lower than that (2.41% p.a.) of the previous issue, NZ19100S (26 Jun 2019).
The total value of applications in this auction was $3.1B, representing a bid-to-cover ratio of 1.71. This is lower than the $3.7B (bid-to-cover ratio 1.96) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 1.27% get around 39.53% of the amount applied.
Auction Closed
- Announcement Date
- 21 Sep 2020 Notify me
- Auction Date
- 28 Sep 2020 Notify me
- Issue Date
- 01 Oct 2020
- Maturity Date
- 01 Jul 2039
- Issue Code
- NZ19100S (Reopened)
- Issue No
- 2
- ISIN Code
- SGXF13029610
- Coupon Rate
- 2.375% p.a.
- Coupon Payment Dates
- 01 Jul and 01 Jan
- Cut-Off Yield
- 1.27% p.a.
- Cut-Off Price
- 118.978
- Median Yield
- 1.21% p.a.
- Median Price
- 120.084
- Average Yield
- 1.17% p.a.
- Average Price
- 120.827
- Total Amount Offered
- $1,800,000,000
- MAS's Intended Tender Amount
- $200,000,000
- Accrued Interest Payable by Investor
- 92 Day(s)
- Amount Allotted to Non-Competitive Applications
- $283,697,000
- Amount Allotted to MAS
- $200,000,000
- Total Amount Applied
- $3,080,247,000
- % of Competitive Applications at Cut-off Allotted
- 39.53%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 1.71
Upcoming Auctions
No auction announced.