5-Year SGS Bond N521100V (27 Jan 2022) Cut-Off Yield 1.62%

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27 Jan 2022

This issue offers investors a cut-off yield of 1.62% p.a., higher than that (1.37% p.a.) of the previous issue, N521100V (27 Oct 2021).

The total value of applications in this auction was $7.9B, representing a bid-to-cover ratio of 2.93. This is higher than the $5.0B (bid-to-cover ratio 1.99) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 1.62% get around 33.72% of the amount applied.

Auction Closed

Announcement Date
20 Jan 2022 Notify me
Auction Date
27 Jan 2022 Notify me
Issue Date
03 Feb 2022
Maturity Date
01 Nov 2026
Issue Code
N521100V (Reopened)
Issue No
2
ISIN Code
SGXF12888537
Coupon Rate
1.250% p.a.
Coupon Payment Dates
01 Nov and 01 May
Cut-Off Yield
1.62% p.a.
Cut-Off Price
98.643
Median Yield
1.59% p.a.
Median Price
98.778
Average Yield
1.57% p.a.
Average Price
98.868
Total Amount Offered
$2,700,000,000
MAS's Intended Tender Amount
$300,000,000
Accrued Interest Payable by Investor
94 Day(s)
Amount Allotted to Non-Competitive Applications
$427,855,000
Amount Allotted to MAS
$300,000,000
Total Amount Applied
$7,899,977,000
% of Competitive Applications at Cut-off Allotted
33.72%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.93

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AnnouncementAuctionIssueMaturityNew/ReopenCodeISIN
20 Jun 202426 Jun 202401 Jul 202401 Aug 2028ReopenN523100WSGXF51035222

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