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Singapore Savings Bonds (SBMAY16 GX16050Z) Under-Subscribed
27 Apr 2016
SBMAY16 attracted $24.7M in applications (within limits) for the $300.0M offered. This level of demand is higher than that of the previous issue (SBAPR16) at $19.0M.
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.
SBMAY16 has a 10-year average return of 2.09% p.a. with interest rates from 0.97% (year 1) to 2.69% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,123.47 over a period of 10 years.
SBMAY16 (Announced)
- Opening Date
- 01 Apr 2016 Notify me
- Closing Date
- 26 Apr 2016 Remind me
- Allotment Date
- 27 Apr 2016 Notify me
- Issue Date
- 03 May 2016
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 0.97 | 0.97 | 1.59 | 2.42 | 2.52 | 2.52 | 2.52 | 2.52 | 2.52 | 2.69 |
| Average return per year % | 0.97 | 0.97 | 1.17 | 1.48 | 1.68 | 1.81 | 1.91 | 1.98 | 2.03 | 2.09 |
Issue Details
- Issue Code
- GX16050Z
- Amount Offered
- $300,000,000
- Maturity Date
- 01 May 2026
- Interest Payment Dates
- Every 6 months on 01 May and 01 Nov
- Total Amount Applied
- $24,945,000
- Total Amount Applied Within Limits
- $24,678,000
- Total Amount Allotted
- $24,678,000
- Quantity Ceiling
- $50,000
- Percentage of Applicants Allotted an Additional $500
- 0%