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Singapore Savings Bonds (SBAUG18 GX18080F) Over-Subscribed
27 Jul 2018
SBAUG18 attracted $459.7M in applications (within limits) for the $250.0M offered. This level of demand is lower than that of the previous issue (SBJUL18) at $558.8M.
The quantity ceiling is $15,000. If you applied for $15,000 or lower, you will get a full allotment. If you applied for more than $15,000, you will be allotted $15,000 or $15,500, subject to individual limit of $100,000.
SBAUG18 has a 10-year average return of 2.57% p.a. with interest rates from 1.78% (year 1) to 3.11% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,601.00 over a period of 10 years.
SBAUG18 (Announced)
- Opening Date
- 02 Jul 2018 Notify me
- Closing Date
- 26 Jul 2018 Remind me
- Allotment Date
- 27 Jul 2018 Notify me
- Issue Date
- 01 Aug 2018
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 1.78 | 2.16 | 2.37 | 2.54 | 2.67 | 2.76 | 2.81 | 2.86 | 2.95 | 3.11 |
| Average return per year % | 1.78 | 1.97 | 2.10 | 2.21 | 2.29 | 2.37 | 2.43 | 2.48 | 2.52 | 2.57 |
Issue Details
- Issue Code
- GX18080F
- Amount Offered
- $250,000,000
- Maturity Date
- 01 Aug 2028
- Interest Payment Dates
- Every 6 months on 01 Feb and 01 Aug
- Total Amount Applied
- $469,694,000
- Total Amount Applied Within Limits
- $459,680,000
- Total Amount Allotted
- $250,000,000
- Quantity Ceiling
- $15,000
- Percentage of Applicants Allotted an Additional $500
- 95%