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5-Year SGS Bond N524100X (26 Mar 2024) Cut-Off Yield 3.06%
26 Mar 2024
This issue offers investors a cut-off yield of 3.06% p.a., lower than that (3.09% p.a.) of the previous issue, N522100N (27 Feb 2024).
The total value of applications in this auction was $5.4B, representing a bid-to-cover ratio of 1.94. This is higher than the $2.7B (bid-to-cover ratio 1.81) received in the previous issue.
Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 3.06% get around 77.51% of the amount applied.
Auction Closed
- Announcement Date
- 20 Mar 2024 Notify me
- Auction Date
- 26 Mar 2024 Notify me
- Issue Date
- 01 Apr 2024
- Maturity Date
- 01 Apr 2029
- Issue Code
- N524100X (New)
- ISIN Code
- SGXF45447632
- Coupon Rate
- 3.000% p.a.
- Coupon Payment Dates
- 01 Apr and 01 Oct
- Cut-Off Yield
- 3.06% p.a.
- Cut-Off Price
- 99.724
- Median Yield
- 2.95% p.a.
- Median Price
- 100.231
- Average Yield
- 2.94% p.a.
- Average Price
- 100.277
- Total Amount Offered
- $2,800,000,000
- MAS's Intended Tender Amount
- $300,000,000
- Amount Allotted to Non-Competitive Applications
- $402,457,000
- Amount Allotted to MAS
- $300,000,000
- Total Amount Applied
- $5,424,943,000
- % of Competitive Applications at Cut-off Allotted
- 77.51%
- % of Non-Competitive Applications Allotted
- 100.00%
- Bid-to-Cover Ratio
- 1.94
Upcoming Auctions
| Announcement | Auction | Issue | Maturity | New/Reopen | Code | ISIN |
|---|---|---|---|---|---|---|
| 22 Aug 2024 | 28 Aug 2024 | 02 Sep 2024 | 01 Jul 2029 | Reopen | NY14100E | SG3263998209 |