7-year SGS Bond
N793100H
Originally auctioned 23 Feb 1993 · Matures 01 Mar 2000 · matured left
Latest cutoff yield
4.57%
Auctioned 23 Feb 1993 (original issue)
Issue details
- Fixed coupon:
- 4.50% · paid 01 Sep / 01 Mar
- Tenor:
- 7 years
- Outstanding:
- S$830M
Auction history for this issue
| Auction date | Type | Cutoff | Median | B/C | This auction |
|---|---|---|---|---|---|
| 23 Feb 1993 | new issue | 4.57% | — | 3.00 | S$830M |
7-year SGS cutoff yield history
Latest auction in context
- Yield change: The 4.57% cutoff is 33 bp lower than the previous 7-year SGS auction (N792100T, 4.90% on 25 Aug 1992).
- Price vs par: The bond cleared at S$99.58 per S$100 face value — a discount, because the 4.50% fixed coupon is below the 4.57% market yield. The lower price compensates for the smaller coupon.
Descriptive observations from MAS auction history — not forecasts or recommendations.
About SGS Bonds
SGS Bonds pay the fixed coupon (4.50% in this issue's case) semi-annually on face value until maturity. The cutoff yield is what the auction priced at — it reflects the market's required return and changes at each reopening. Holding to maturity returns face value; selling earlier in the secondary market exposes you to price fluctuation as rates move.
Frequently asked questions
- When does N793100H mature?
- N793100H matures on 01 Mar 2000. At maturity, holders receive the full face value of S$1,000 per bond, plus the final semi-annual coupon.
- What is the coupon rate for N793100H?
- N793100H pays a fixed coupon of 4.50% per year, paid semi-annually. The coupon rate is set at the original auction and does not change for reopenings — reopening auctions adjust the issue price instead to reflect prevailing yields.
- How is SGS interest taxed for individuals?
- SGS bonds are Qualifying Debt Securities (QDS) under IRAS. Interest income from SGS held by individuals is tax-exempt in Singapore. See iras.gov.sg for the full QDS scheme conditions.
- Where can I buy N793100H?
- N793100H has already been issued (most recent auction 23 Feb 1993). It can be bought or sold on the SGX secondary market through a stockbroker with CDP access. New SGS bonds are issued via MAS primary auctions — see /sgs/ for the current calendar.
Explore more
Other 7-year SGS
- ← N792100T — 4.90% cutoff
- N794100S → — 3.02% cutoff
- Latest 7-year: NX16100F — 1.73% cutoff
- All SGS bonds →
Compare & cross-check
- Latest SSB: GX26070F — 1.46% year 1
- Latest 6-mo T-bill: BS26111H — 1.48% cutoff
- Compare SSB · T-bill · SGS →