30-Year SGS Bond NA24300E (27 Mar 2026) Closing Soon
23 Mar 2026 (Updated: 25 Mar 2026)
30-Year SGS Bond NA24300E is open for application from 23 Mar 2026. Auction will be conducted on 27 Mar 2026.
A total of $1.5B is offered for this issue, lower than that of $1.8B for the previous issue, NA24300E (28 Apr 2025).
Application typically closes on 26 Mar 2026. Remaining days for you to apply:
- 25 Mar 2026, Wednesday
- 26 Mar 2026, Thursday (last day, apply by 9pm)
CPF application may close a business day earlier. Closing date and time may vary from bank to bank. Please check with your bank for the exact cut-off time.
Auction Open
- Announcement Date
- 23 Mar 2026 Notify me
- Closing Date (Typical)
- 26 Mar 2026 Remind me
- Auction Date
- 27 Mar 2026 Notify me
- Issue Date
- 01 Apr 2026
- Maturity Date
- 01 Jun 2054
- Issue Code
- NA24300E (Reopened)
- Issue No
- 3
- ISIN Code
- SGXPK17B11U8
- Coupon Rate
- 3.250% p.a.
- Coupon Payment Dates
- 01 Dec and 01 Jun
- Total Amount Offered
- $1,500,000,000
- MAS's Intended Tender Amount
- $0
- Accrued Interest Payable by Investor
- 121 Day(s)
Upcoming Auctions
No auction announced.
Recent SGS Benchmark Yield
| Date | 19 Mar 2026 | 20 Mar 2026 | 23 Mar 2026 | 24 Mar 2026 | 25 Mar 2026 |
|---|---|---|---|---|---|
| 30-Year Yield (%) | 2.32 | 2.30 | 2.44 | 2.41 | 2.40 |
Source: Daily SGS Prices (MAS)
If you wish to submit a competitive bid for this issue, you need to know what is the fair rate. The 30-Year SGS benchmark yield reflects the bid rate quoted by SGS primary dealers. It provides an indication of the current market rate.
Nonetheless, the cut-off yield will be determined through an auction (ie. depends on demand). You may take hints from the statistics below and see how the cut-off yield compared with previous day benchmark yield in past auctions.
Auction Statistics (Last 10 Auctions in The Last 4 Years)
Cut-Off Yield, Previous Day Benchmark Yield
| Auction Date | Issue Code | Cut-Off Yield (%) | Previous Day Benchmark Yield (%) | Difference (%) |
|---|---|---|---|---|
| 28 Sep 2022 | NA21200W | 3.28 | 3.36 | -0.08 |
| 27 Sep 2023 | NA21200W | 3.11 | 3.15 | -0.04 |
| 28 Apr 2025 | NA24300E | 2.62 | 2.59 | 0.03 |
Cut-Off Yield had been in the range of -0.08 to 0.03 of Previous Day Benchmark Yield in the auctions above.
Cut-Off Yield, Median Yield, Average Yield
| Auction Date | Issue Code | Cut-Off Yield (%) | Median Yield (%) | Average Yield (%) |
|---|---|---|---|---|
| 28 Sep 2022 | NA21200W | 3.28 | 3.24 | 3.18 |
| 27 Sep 2023 | NA21200W | 3.11 | 3.10 | 2.98 |
| 28 Apr 2025 | NA24300E | 2.62 | 2.50 | 2.50 |
Total Amount Offered, Total Amount Applied, Bid-to-Cover Ratio
| Auction Date | Issue Code | Total Amount Offered | Total Amount Applied | Bid-to-Cover Ratio |
|---|---|---|---|---|
| 28 Sep 2022 | NA21200W | $1,900,000,000 | $3,888,506,000 | 2.05 |
| 27 Sep 2023 | NA21200W | $1,500,000,000 | $3,297,097,000 | 2.20 |
| 28 Apr 2025 | NA24300E | $1,800,000,000 | $3,320,726,000 | 1.84 |
Total Amount Allotted, Amount (%) Allotted to Non-Competitive Applications
| Auction Date | Issue Code | Total Amount Allotted | Amount Allotted to Non-Competitive Applications | % Allotted to Non-Competitive Applications | % of Non-Competitive Applications Allotted |
|---|---|---|---|---|---|
| 28 Sep 2022 | NA21200W | $1,900,000,000 | $101,594,000 | 5.35% | 100.00% |
| 27 Sep 2023 | NA21200W | $1,500,000,000 | $60,304,000 | 4.02% | 100.00% |
| 28 Apr 2025 | NA24300E | $1,800,000,000 | $90,700,000 | 5.04% | 100.00% |
Non-competitive bids will be allotted first, up to 40% of the total issuance amount. If the amount of non-competitive bids exceeds 40%, the bond will be allocated on a pro-rated basis. This means, when % Allotted to Non-Competitive Applications reaches 40%, % of Non-Competitive Applications Allotted will be less than 100%.
The latest SSB (SBAPR26) has a 10-year average return of 1.99% p.a. View Details
The next SSB (SBMAY26) is projected to have a higher 10-year average return. View Projection