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Singapore Savings Bonds (SBJUN24 GX24060A) Average Return Rises To 3.33%
02 May 2024
SBJUN24 has a 10-year average return of 3.33% p.a. with interest rates from 3.26% (year 1) to 3.54% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $3,341.22 over a period of 10 years.
The amount offered increases by $100.0M to $1000.0M. This is against the backdrop of the previous SSB (SBMAY24) being under-subscribed.
Application closes on 28 May 2024.
SBJUN24 (Announced)
- Opening Date
- 02 May 2024 Notify me
- Closing Date
- 28 May 2024 Remind me
- Allotment Date
- 29 May 2024 Notify me
- Issue Date
- 03 Jun 2024
Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
---|---|---|---|---|---|---|---|---|---|---|
Interest % | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.33 | 3.46 | 3.54 | 3.54 |
Average return per year % | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.27 | 3.29 | 3.31 | 3.33 |
Do you have an existing SSB? Is it profitable to swap your existing SSB with SBJUN24?
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Issue Details
- Issue Code
- GX24060A
- Amount Offered
- $1,000,000,000
- Maturity Date
- 01 Jun 2034
- Interest Payment Dates
- Every 6 months on 01 Jun and 01 Dec
- Allotment Result
- To be announced on Allotment Date (29 May 2024)
The next SSB (SBJUL24) is projected to have a lower 10-year average return. View Projection