5-Year SGS Bond N525100T (26 Mar 2025) Cut-Off Yield 2.61%

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26 Mar 2025

This issue offers investors a cut-off yield of 2.61% p.a., higher than that (2.56% p.a.) of the previous issue, NY14100E (28 Aug 2024).

The total value of applications in this auction was $7.2B, representing a bid-to-cover ratio of 2.40. This is lower than the $10.9B (bid-to-cover ratio 3.88) received in the previous issue.

Those who submitted non-competitive bids were fully allotted. On the other hand, those who submitted competitive bid at 2.61% get around 50.27% of the amount applied.

Auction Closed

Announcement Date
20 Mar 2025 Notify me
Auction Date
26 Mar 2025 Notify me
Issue Date
01 Apr 2025
Maturity Date
01 Apr 2030
Issue Code
N525100T (New)
ISIN Code
SGXF69708166
Coupon Rate
2.500% p.a.
Coupon Payment Dates
01 Apr and 01 Oct
Cut-Off Yield
2.61% p.a.
Cut-Off Price
99.488
Median Yield
2.56% p.a.
Median Price
99.720
Average Yield
2.52% p.a.
Average Price
99.907
Total Amount Offered
$3,000,000,000
MAS's Intended Tender Amount
$300,000,000
Amount Allotted to Non-Competitive Applications
$446,884,000
Amount Allotted to MAS
$300,000,000
Total Amount Applied
$7,205,719,000
% of Competitive Applications at Cut-off Allotted
50.27%
% of Non-Competitive Applications Allotted
100.00%
Bid-to-Cover Ratio
2.40

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AnnouncementAuctionIssueMaturityNew/ReopenCodeISIN
21 Aug 202527 Aug 202501 Sep 202501 Sep 2030ReopenNZ10100FSG7U32949426

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