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Singapore Savings Bonds (SBJAN16 GX16010N) Under-Subscribed
29 Dec 2015
SBJAN16 attracted $44.0M in applications (within limits) for the $300.0M offered. This level of demand is higher than that of the previous issue (SBDEC15) at $41.0M.
There is no quantity ceiling for this issue. You will be allotted the full amount you applied for, subject to issue limit of $50,000 and individual limit of $100,000.
SBJAN16 has a 10-year average return of 2.58% p.a. with interest rates from 1.21% (year 1) to 3.69% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,632.00 over a period of 10 years.
SBJAN16 (Announced)
- Opening Date
- 01 Dec 2015 Notify me
- Closing Date
- 28 Dec 2015 Remind me
- Allotment Date
- 29 Dec 2015 Notify me
- Issue Date
- 04 Jan 2016
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 1.21 | 1.31 | 1.92 | 2.63 | 3.00 | 3.00 | 3.07 | 3.16 | 3.34 | 3.69 |
| Average return per year % | 1.21 | 1.26 | 1.48 | 1.76 | 1.99 | 2.15 | 2.27 | 2.37 | 2.47 | 2.58 |
Issue Details
- Issue Code
- GX16010N
- Amount Offered
- $300,000,000
- Maturity Date
- 01 Jan 2026
- Interest Payment Dates
- Every 6 months on 01 Jan and 01 Jul
- Total Amount Applied
- $44,427,000
- Total Amount Applied Within Limits
- $43,957,000
- Total Amount Allotted
- $43,957,000
- Quantity Ceiling
- $50,000
- Percentage of Applicants Allotted an Additional $500
- 0%