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Singapore Savings Bonds (SBFEB18 GX18020A) Over-Subscribed
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 date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 1.55 | 1.59 | 1.67 | 1.77 | 1.91 | 2.07 | 2.26 | 2.44 | 2.61 | 2.75 |
| Average return per year % | 1.55 | 1.57 | 1.60 | 1.64 | 1.69 | 1.75 | 1.82 | 1.89 | 1.97 | 2.04 |
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%