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Singapore Savings Bonds (SBAUG16 GX16080S) Under-Subscribed
27 Jul 2016
SBAUG16 attracted $28.0M in applications (within limits) for the $300.0M offered. This level of demand is higher than that of the previous issue (SBJUL16) at $25.2M.
There is no quantity ceiling for this issue. You will be allotted the full amount you applied for, subject to issue limit of $50,000 and individual limit of $100,000.
SBAUG16 has a 10-year average return of 2.03% p.a. with interest rates from 0.89% (year 1) to 2.94% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,066.00 over a period of 10 years.
SBAUG16 (Announced)
- Opening Date
- 01 Jul 2016 Notify me
- Closing Date
- 26 Jul 2016 Remind me
- Allotment Date
- 27 Jul 2016 Notify me
- Issue Date
- 01 Aug 2016
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 0.89 | 1.08 | 1.52 | 2.00 | 2.28 | 2.33 | 2.42 | 2.52 | 2.68 | 2.94 |
| Average return per year % | 0.89 | 0.98 | 1.16 | 1.37 | 1.54 | 1.67 | 1.77 | 1.86 | 1.94 | 2.03 |
Issue Details
- Issue Code
- GX16080S
- Amount Offered
- $300,000,000
- Maturity Date
- 01 Aug 2026
- Interest Payment Dates
- Every 6 months on 01 Feb and 01 Aug
- Total Amount Applied
- $28,558,500
- Total Amount Applied Within Limits
- $28,017,500
- Total Amount Allotted
- $28,017,500
- Quantity Ceiling
- $50,000
- Percentage of Applicants Allotted an Additional $500
- 0%