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Singapore Savings Bonds (SBMAR16 GX16030T) Under-Subscribed
25 Feb 2016
SBMAR16 attracted $25.8M in applications (within limits) for the $300.0M offered. This level of demand is lower than that of the previous issue (SBFEB16) at $28.4M.
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.
SBMAR16 has a 10-year average return of 2.44% p.a. with interest rates from 1.09% (year 1) to 3.35% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,493.00 over a period of 10 years.
SBMAR16 (Announced)
- Opening Date
- 01 Feb 2016 Notify me
- Closing Date
- 24 Feb 2016 Remind me
- Allotment Date
- 25 Feb 2016 Notify me
- Issue Date
- 01 Mar 2016
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 1.09 | 1.15 | 1.84 | 2.67 | 2.95 | 2.95 | 2.95 | 2.95 | 3.03 | 3.35 |
| Average return per year % | 1.09 | 1.12 | 1.36 | 1.68 | 1.92 | 2.08 | 2.20 | 2.28 | 2.36 | 2.44 |
Issue Details
- Issue Code
- GX16030T
- Amount Offered
- $300,000,000
- Maturity Date
- 01 Mar 2026
- Interest Payment Dates
- Every 6 months on 01 Mar and 01 Sep
- Total Amount Applied
- $26,171,000
- Total Amount Applied Within Limits
- $25,765,500
- Total Amount Allotted
- $25,765,500
- Quantity Ceiling
- $50,000
- Percentage of Applicants Allotted an Additional $500
- 0%