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2-year Singapore Government Securities bond fetched 0.48% yield
MARKETS & INVESTING | Staff Reporter, Singapore
Published: 28 Jan 11
The $2.7 billion 2-year bond re-opening is the
largest 2-year SGS bond offering since February 2004.
According to OCBC, it fetched an averaged yield of
0.48% with a tight tail of 2bps for a cut-off yield of 0.5%.
This is a record low based on records going back to 1987.
The bond also has a bid-cover ratio of 2.03x
(low since Feb 2007).
Tags: 2-year Singapore Government Securities bond,
Singapore averaged yield, Singapore 2-year bond re-opening
MARKETS & INVESTING | Staff Reporter, Singapore
Published: 28 Jan 11
The $2.7 billion 2-year bond re-opening is the
largest 2-year SGS bond offering since February 2004.
According to OCBC, it fetched an averaged yield of
0.48% with a tight tail of 2bps for a cut-off yield of 0.5%.
This is a record low based on records going back to 1987.
The bond also has a bid-cover ratio of 2.03x
(low since Feb 2007).
Tags: 2-year Singapore Government Securities bond,
Singapore averaged yield, Singapore 2-year bond re-opening
