Singapore Savings Bonds (SBFEB18 GX18020A) Over-Subscribed

SSB splash

29 Jan 2018

SBFEB18 attracted $168.7M in applications (within limits) for the $150.0M offered. This level of demand is higher than that of the previous issue (SBJAN18) at $73.6M.

The quantity ceiling is $41,000. If you applied for $41,000 or lower, you will get a full allotment. If you applied for more than $41,000, you will be allotted $41,000 or $41,500, subject to individual limit of $100,000.

SBFEB18 has a 10-year average return of 2.04% p.a. with interest rates from 1.55% (year 1) to 2.75% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,062.00 over a period of 10 years.

SBFEB18 (Announced)

Opening Date
02 Jan 2018 Notify me
Closing Date
26 Jan 2018 Remind me
Allotment Date
29 Jan 2018 Notify me
Issue Date
01 Feb 2018
Year from issue date12345678910
Interest %1.551.591.671.771.912.072.262.442.612.75
Average return per year %1.551.571.601.641.691.751.821.891.972.04

Issue Details

Issue Code
GX18020A
Amount Offered
$150,000,000
Maturity Date
01 Feb 2028
Interest Payment Dates
Every 6 months on 01 Feb and 01 Aug
Total Amount Applied
$171,910,000
Total Amount Applied Within Limits
$168,694,000
Total Amount Allotted
$150,000,000
Quantity Ceiling
$41,000
Percentage of Applicants Allotted an Additional $500
66%