5-Year SGS Bond N521100V (27 Oct 2021) Cut-Off Yield 1.37%

SGS bond splash image

27 Oct 2021

This issue offers investors a cut-off yield of 1.37% p.a., higher than that (0.69% p.a.) of the previous issue, N520100A (28 Jul 2021).

The total value of applications in this auction was $5.0B, representing a bid-to-cover ratio of 1.99. This is lower than the $5.9B (bid-to-cover ratio 1.97) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 1.37% get around 41.15% of the amount applied.

Auction Closed

Announcement Date
20 Oct 2021 Notify me
Auction Date
27 Oct 2021 Notify me
Issue Date
01 Nov 2021
Maturity Date
01 Nov 2026
Issue Code
N521100V (New)
ISIN Code
SGXF12888537
Coupon Rate
1.250% p.a.
Coupon Payment Dates
01 Nov and 01 May
Cut-Off Yield
1.37% p.a.
Cut-Off Price
99.422
Median Yield
1.30% p.a.
Median Price
99.759
Average Yield
1.23% p.a.
Average Price
100.097
Total Amount Offered
$2,500,000,000
MAS's Intended Tender Amount
$200,000,000
Amount Allotted to Non-Competitive Applications
$329,192,000
Amount Allotted to MAS
$200,000,000
Total Amount Applied
$4,973,288,000
% of Competitive Applications at Cut-off Allotted
41.15%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
1.99

View Past Auctions

Upcoming Auctions

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

Monitor Upcoming Auctions