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Singapore Savings Bonds (SBAUG22 GX22080V) Over-Subscribed
27 Jul 2022
SBAUG22 attracted $2.4B in applications (within limits) for the $700.0M offered. This level of demand is higher than that of the previous issue (SBJUL22) at $1.3B.
The quantity ceiling is $9,000. If you applied for $9,000 or lower, you will get a full allotment. If you applied for more than $9,000, you will be allotted $9,000 or $9,500, subject to individual limit of $200,000.
SBAUG22 has a 10-year average return of 3.00% p.a. with interest rates from 2.00% (year 1) to 3.29% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $3,019.00 over a period of 10 years.
SBAUG22 (Announced)
- Opening Date
- 01 Jul 2022 Notify me
- Closing Date
- 26 Jul 2022 Remind me
- Allotment Date
- 27 Jul 2022 Notify me
- Issue Date
- 01 Aug 2022
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 2.00 | 2.86 | 3.07 | 3.09 | 3.16 | 3.18 | 3.18 | 3.18 | 3.18 | 3.29 |
| Average return per year % | 2.00 | 2.42 | 2.63 | 2.74 | 2.82 | 2.88 | 2.92 | 2.95 | 2.97 | 3.00 |
Issue Details
- Issue Code
- GX22080V
- Amount Offered
- $700,000,000
- Maturity Date
- 01 Aug 2032
- Interest Payment Dates
- Every 6 months on 01 Feb and 01 Aug
- Total Amount Applied
- $2,449,499,500
- Total Amount Applied Within Limits
- $2,422,663,000
- Total Amount Allotted
- $700,000,000
- Quantity Ceiling
- $9,000
- Percentage of Applicants Allotted an Additional $500
- 8%