You are viewing a past SSB issue. View the current SSB (SBJAN25) instead.
Singapore Savings Bonds (SBJAN24 GX24010F) Under-Subscribed
27 Dec 2023
SBJAN24 attracted $853.0M in applications (within limits) for the $1.1B offered. This level of demand is lower than that of the previous issue (SBDEC23) at $1.8B.
There is no quantity ceiling for this issue. You will be allotted the full amount you applied for, subject to individual limit of $200,000.
SBJAN24 has a 10-year average return of 3.07% p.a. with interest rates from 3.00% (year 1) to 3.27% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $3,073.18 over a period of 10 years.
SBJAN24 (Announced)
- Opening Date
- 01 Dec 2023 Notify me
- Closing Date
- 26 Dec 2023 Remind me
- Allotment Date
- 27 Dec 2023 Notify me
- Issue Date
- 02 Jan 2024
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.20 | 3.27 | 3.27 |
| Average return per year % | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.02 | 3.05 | 3.07 |
Issue Details
- Issue Code
- GX24010F
- Amount Offered
- $1,100,000,000
- Maturity Date
- 01 Jan 2034
- Interest Payment Dates
- Every 6 months on 01 Jan and 01 Jul
- Total Amount Applied
- $867,459,500
- Total Amount Applied Within Limits
- $853,009,000
- Total Amount Allotted
- $853,009,000
- Quantity Ceiling
- $200,000
- Percentage of Applicants Allotted an Additional $500
- 0%