Singapore SGS Bond

[reddevil0728]

Applying with some cash... This looks like 2.5% for 5 years yah.. ^^

just bid what you can minimally accept. if it is higher yield, u get the higher yield.

 

[lzydata]

Applying with some cash... This looks like 2.5% for 5 years yah.. ^^

Why bid 2.5% pa for a 5-year SGS when you can get the SSB still open for application, SBAPR25, hold it for 5 years, and get 2.77% pa?

Unless you have maxed out your SSB quota or you have a huge amount to invest. And even then I would not necessarily lock it up in a 5-year SGS.

 

[Potent]

Why bid 2.5% pa for a 5-year SGS when you can get the SSB still open for application, SBAPR25, hold it for 5 years, and get 2.77% pa?

Unless you have maxed out your SSB quota or you have a huge amount to invest. And even then I would not necessarily lock it up in a 5-year SGS.

Thank you for the advice. Looking at other vehicles. Ssb maxed... Hoping ssb increases its limit... Flexibility very important..

 

[reddevil0728]

Thank you for the advice. Looking at other vehicles. Ssb maxed... Hoping ssb increases its limit... Flexibility very important..

How old are you? And do you invest in anything already?

 

[DevilPlate]

Thank you for the advice. Looking at other vehicles. Ssb maxed... Hoping ssb increases its limit... Flexibility very important..

I also bought some 5/10y SGS when the rates was >3%
Same max out 400k SSB as a couple liao.

You may also check out Maybank 3y FD

 

[Potent]

How old are you? And do you invest in anything already?

Looking around now Bro. Holding couples of tbill 6months. Was looking at a longer period of slightly higher % interest... Thus sgs pops out... But looks like. Money stuck..

Bank interest are also, fluctuating... Headache. Finding another good option... Somewhere...

 

[reddevil0728]

Looking around now Bro. Holding couples of tbill 6months. Was looking at a longer period of slightly higher % interest... Thus sgs pops out... But looks like. Money stuck..

Bank interest are also, fluctuating... Headache. Finding another good option... Somewhere...

are you anywhere near retirement?

 

[Potent]

are you anywhere near retirement?

Late 40s. Can retire but still around. Consider semi retirement... I don't Wan to assume a long life span. So, headache with a 5 year sgs.. Perhaps jus go with it for 2.7%?

 

[reddevil0728]

Late 40s. Can retire but still around. Consider semi retirement... I don't Wan to assume a long life span.

ok so you wouldn't be open to looking at more than just "risk-free" investment in the longer term

 

[Potent]

ok so you wouldn't be open to looking at more than just "risk-free" investment in the longer term

Exactly so.

 

[reddevil0728]

Exactly so.

then u should visit https://forums.hardwarezone.com.sg/threads/lastest-s-deposit-updates-part-3.5575909/

keep rolling FD

 

[bigrooster]

Auction: N525100T 5-Year Bond (New)​

Cut-off Yield : 2.61% p.a.
Cut-off Price : 99.488
Median Yield : 2.56% p.a.
Median Price : 99.72
Average Yield : 2.52% p.a.
Average Price : 99.907

 

[~sabaisabai~]

Auction: N525100T 5-Year Bond (New)​

Cut-off Yield : 2.61% p.a.
Cut-off Price : 99.488
Median Yield : 2.56% p.a.
Median Price : 99.72
Average Yield : 2.52% p.a.
Average Price : 99.907

5yr at 2.61%, not so attractive
SSB better

 

[highsulphur]

Auction: N525100T 5-Year Bond (New)​

Cut-off Yield : 2.61% p.a.
Cut-off Price : 99.488
Median Yield : 2.56% p.a.
Median Price : 99.72
Average Yield : 2.52% p.a.
Average Price : 99.907

Thats low. What was the previous auction yield

 

[reddevil0728]

5yr at 2.61%, not so attractive
SSB better

To those who maxed out it might

 

[DevilPlate]

Thats low. What was the previous auction yield

Not low lah…
https://eservices.mas.gov.sg/statistics/fdanet/SgsBenchmarkIssuePrices.aspx

imo bluechip SG reits @ 5.5-6% yield not bad relatively

 

[lzydata]

Auction: NA24300E 30-Year Bond (Reopened)​

Allotment​

Total Amount Allotted S$1.8 billion
Amount Allotted to Non-Competitive Applications S$90.7 million
Amount Allotted to MAS S$0.0 million
Total Amount Applied S$3.3 billion
% of Competitive Applications at Cut-off Allotted Approximately 82%
% of Non-Competitive Applications Allotted 100%
Bid-to-Cover Ratio 1.84

Yield and Price​

Cut-off Yield 2.62% p.a.
Cut-off Price 114.122
Median Yield 2.5% p.a.
Median Price 116.79
Average Yield 2.5% p.a.
Average Price 116.79

https://www.mas.gov.sg/bonds-and-bi...nds?issue_code=NA24300E&issue_date=2025-05-02

 

[DevilPlate]

Aim for 10y SGS since not much difference between 10 and 30y

 

[lzydata]

There will be a mini-auction on 28 May for reissues of the 10-year bond NX24100T, maturing May 2034. Mini-auctions are up to $1.5b; the size will be announced later on the 22nd.

https://www.mas.gov.sg/bonds-and-bills/auctions-and-issuance-calendar

 

[maumu]

There will be a mini-auction on 28 May for reissues of the 10-year bond NX24100T, maturing May 2034. Mini-auctions are up to $1.5b; the size will be announced later on the 22nd.

https://www.mas.gov.sg/bonds-and-bills/auctions-and-issuance-calendar

is it the same as buying reopened SGS? i.e. the coupon rate is not fixed/final until auction.