Singapore Savings Bonds (SBJAN17 GX17010W) Under-Subscribed

SSB splash

28 Dec 2016

SBJAN17 attracted $37.4M in applications (within limits) for the $150.0M offered. This level of demand is higher than that of the previous issue (SBDEC16) at $13.8M.

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.

SBJAN17 has a 10-year average return of 2.18% p.a. with interest rates from 0.91% (year 1) to 3.40% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,227.50 over a period of 10 years.

SBJAN17 (Announced)

Opening Date
01 Dec 2016 Notify me
Closing Date
27 Dec 2016 Remind me
Allotment Date
28 Dec 2016 Notify me
Issue Date
03 Jan 2017
Year from issue date12345678910
Interest %0.911.121.541.992.302.462.642.843.083.40
Average return per year %0.911.011.191.381.561.701.831.952.062.18

Issue Details

Issue Code
GX17010W
Amount Offered
$150,000,000
Maturity Date
01 Jan 2027
Interest Payment Dates
Every 6 months on 01 Jan and 01 Jul
Total Amount Applied
$38,291,500
Total Amount Applied Within Limits
$37,366,000
Total Amount Allotted
$37,366,000
Quantity Ceiling
$50,000
Percentage of Applicants Allotted an Additional $500
0%