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Singapore Savings Bonds (SBJAN19 GX19010T) Over-Subscribed
27 Dec 2018
SBJAN19 attracted $367.6M in applications (within limits) for the $300.0M offered. This level of demand is higher than that of the previous issue (SBDEC18) at $311.5M.
The quantity ceiling is $39,000. If you applied for $39,000 or lower, you will get a full allotment. If you applied for more than $39,000, you will be allotted $39,000 or $39,500, subject to individual limit of $100,000.
SBJAN19 has a 10-year average return of 2.45% p.a. with interest rates from 2.01% (year 1) to 2.90% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,473.44 over a period of 10 years.
SBJAN19 (Announced)
- Opening Date
- 03 Dec 2018 Notify me
- Closing Date
- 26 Dec 2018 Remind me
- Allotment Date
- 27 Dec 2018 Notify me
- Issue Date
- 02 Jan 2019
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 2.01 | 2.14 | 2.25 | 2.35 | 2.45 | 2.53 | 2.62 | 2.70 | 2.79 | 2.90 |
| Average return per year % | 2.01 | 2.07 | 2.13 | 2.18 | 2.24 | 2.28 | 2.33 | 2.37 | 2.41 | 2.45 |
Issue Details
- Issue Code
- GX19010T
- Amount Offered
- $300,000,000
- Maturity Date
- 01 Jan 2029
- Interest Payment Dates
- Every 6 months on 01 Jan and 01 Jul
- Total Amount Applied
- $381,743,500
- Total Amount Applied Within Limits
- $367,590,000
- Total Amount Allotted
- $300,000,000
- Quantity Ceiling
- $39,000
- Percentage of Applicants Allotted an Additional $500
- 42%