Singapore Savings Bonds (SBDEC22 GX22120S) Over-Subscribed

SSB splash

28 Nov 2022

SBDEC22 attracted $1.7B in applications (within limits) for the $1000.0M offered. This level of demand is lower than that of the previous issue (SBNOV22) at $2.2B.

The quantity ceiling is $14,000. If you applied for $14,000 or lower, you will get a full allotment. If you applied for more than $14,000, you will be allotted $14,000 or $14,500, subject to individual limit of $200,000.

SBDEC22 has a 10-year average return of 3.47% p.a. with interest rates from 3.26% (year 1) to 3.58% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $3,486.00 over a period of 10 years.

SBDEC22 (Announced)

Opening Date
01 Nov 2022 Notify me
Closing Date
25 Nov 2022 Remind me
Allotment Date
28 Nov 2022 Notify me
Issue Date
01 Dec 2022
Year from issue date12345678910
Interest %3.263.263.283.583.583.583.583.583.583.58
Average return per year %3.263.263.273.343.393.423.443.453.463.47

Issue Details

Issue Code
GX22120S
Amount Offered
$1,000,000,000
Maturity Date
01 Dec 2032
Interest Payment Dates
Every 6 months on 01 Jun and 01 Dec
Total Amount Applied
$1,721,958,000
Total Amount Applied Within Limits
$1,707,758,000
Total Amount Allotted
$1,000,000,000
Quantity Ceiling
$14,000
Percentage of Applicants Allotted an Additional $500
39%