Singapore Savings Bonds (SBAUG23 GX23080N) Under-Subscribed

SSB splash

27 Jul 2023

SBAUG23 attracted $294.2M in applications (within limits) for the $600.0M offered. This level of demand is higher than that of the previous issue (SBJUL23) at $136.4M.

There is no quantity ceiling for this issue. You will be allotted the full amount you applied for, subject to individual limit of $200,000.

SBAUG23 has a 10-year average return of 2.99% p.a. with interest rates from 2.97% (year 1) to 3.04% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,989.00 over a period of 10 years.

SBAUG23 (Announced)

Opening Date
03 Jul 2023 Notify me
Closing Date
26 Jul 2023 Remind me
Allotment Date
27 Jul 2023 Notify me
Issue Date
01 Aug 2023
Year from issue date12345678910
Interest %2.972.972.972.972.972.972.973.023.043.04
Average return per year %2.972.972.972.972.972.972.972.982.982.99

Issue Details

Issue Code
GX23080N
Amount Offered
$600,000,000
Maturity Date
01 Aug 2033
Interest Payment Dates
Every 6 months on 01 Feb and 01 Aug
Total Amount Applied
$298,589,500
Total Amount Applied Within Limits
$294,184,500
Total Amount Allotted
$294,184,500
Quantity Ceiling
$200,000
Percentage of Applicants Allotted an Additional $500
0%