$1.1bn 20-year SGS bond re-opening fetched yield of 3.26%

The SGS bond had a 9bp tail to cut off at 3.35%, and a bid-cover ratio of 1.9x.

According to OCBC, the intensification of the Middle East unrest concerns in recent sessions had contributed to a flight to quality, and SGD swap rates and SGS bond yields had also fallen in tandem with risk appetite.

With the stabilisation in global risk appetite, SGS market may concentrate on digesting the $1.1b 20-year SGS bond
auction.
 

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley