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Singapore Savings Bonds (SBAPR19 GX19040X) Over-Subscribed
27 Mar 2019
SBAPR19 attracted $451.0M in applications (within limits) for the $300.0M offered. This level of demand is lower than that of the previous issue (SBMAR19) at $454.9M.
The quantity ceiling is $37,000. If you applied for $37,000 or lower, you will get a full allotment. If you applied for more than $37,000, you will be allotted $37,000 or $37,500, subject to individual limit of $200,000.
SBAPR19 has a 10-year average return of 2.16% p.a. with interest rates from 1.96% (year 1) to 2.49% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,175.00 over a period of 10 years.
SBAPR19 (Announced)
- Opening Date
- 01 Mar 2019 Notify me
- Closing Date
- 26 Mar 2019 Remind me
- Allotment Date
- 27 Mar 2019 Notify me
- Issue Date
- 01 Apr 2019
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 1.96 | 1.96 | 1.96 | 2.05 | 2.12 | 2.17 | 2.26 | 2.35 | 2.43 | 2.49 |
| Average return per year % | 1.96 | 1.96 | 1.96 | 1.98 | 2.01 | 2.03 | 2.06 | 2.10 | 2.13 | 2.16 |
Issue Details
- Issue Code
- GX19040X
- Amount Offered
- $300,000,000
- Maturity Date
- 01 Apr 2029
- Interest Payment Dates
- Every 6 months on 01 Apr and 01 Oct
- Total Amount Applied
- $455,102,000
- Total Amount Applied Within Limits
- $451,024,000
- Total Amount Allotted
- $300,000,000
- Quantity Ceiling
- $37,000
- Percentage of Applicants Allotted an Additional $500
- 60%