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30-Year Bond Sale Due

SINGAPORE

Singapore MAS will today sell SGD 3.1bn of 30-year bonds, results due after 0500GMT/1300HKT.

  • This is the fourth reopening of the March 2050 issue, #SGXF27246101. The issue currently yields 1.40%, down around 4bps at 111.23.
  • According to the MAS website the issue was last tapped on 26 Feb 2020 for SGD 2.3bn. The issue was bid/cover of 2.36 at an average yield of 1.7%, a high yield of 1.9% and 46% of bids allotted at high.

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