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Singapore Savings Bonds (SBMAY20 GX20050A) Under-Subscribed
28 Apr 2020
SBMAY20 attracted $26.8M in applications (within limits) for the $150.0M offered. This level of demand is lower than that of the previous issue (SBAPR20) at $88.7M.
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.
SBMAY20 has a 10-year average return of 1.39% p.a. with interest rates from 0.96% (year 1) to 1.91% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $1,404.22 over a period of 10 years.
SBMAY20 (Announced)
- Opening Date
- 01 Apr 2020 Notify me
- Closing Date
- 27 Apr 2020 Remind me
- Allotment Date
- 28 Apr 2020 Notify me
- Issue Date
- 04 May 2020
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 0.96 | 0.96 | 1.01 | 1.28 | 1.43 | 1.46 | 1.57 | 1.68 | 1.79 | 1.91 |
| Average return per year % | 0.96 | 0.96 | 0.98 | 1.05 | 1.13 | 1.18 | 1.23 | 1.29 | 1.34 | 1.39 |
Issue Details
- Issue Code
- GX20050A
- Amount Offered
- $150,000,000
- Maturity Date
- 01 May 2030
- Interest Payment Dates
- Every 6 months on 01 May and 01 Nov
- Total Amount Applied
- $27,835,500
- Total Amount Applied Within Limits
- $26,843,000
- Total Amount Allotted
- $26,843,000
- Quantity Ceiling
- $200,000
- Percentage of Applicants Allotted an Additional $500
- 0%