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Singapore Savings Bonds (SBJAN18 GX18010X) Under-Subscribed
27 Dec 2017
SBJAN18 attracted $73.6M in applications (within limits) for the $150.0M offered. This level of demand is higher than that of the previous issue (SBDEC17) at $72.9M.
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.
SBJAN18 has a 10-year average return of 2.13% p.a. with interest rates from 1.32% (year 1) to 3.06% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,163.64 over a period of 10 years.
SBJAN18 (Announced)
- Opening Date
- 01 Dec 2017 Notify me
- Closing Date
- 26 Dec 2017 Remind me
- Allotment Date
- 27 Dec 2017 Notify me
- Issue Date
- 02 Jan 2018
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 1.32 | 1.58 | 1.71 | 1.82 | 1.99 | 2.22 | 2.43 | 2.65 | 2.86 | 3.06 |
| Average return per year % | 1.32 | 1.45 | 1.53 | 1.60 | 1.68 | 1.76 | 1.85 | 1.95 | 2.04 | 2.13 |
Issue Details
- Issue Code
- GX18010X
- Amount Offered
- $150,000,000
- Maturity Date
- 01 Jan 2028
- Interest Payment Dates
- Every 6 months on 01 Jan and 01 Jul
- Total Amount Applied
- $75,295,000
- Total Amount Applied Within Limits
- $73,602,500
- Total Amount Allotted
- $73,602,500
- Quantity Ceiling
- $50,000
- Percentage of Applicants Allotted an Additional $500
- 0%