Singapore Savings Bonds (SBMAY20 GX20050A) Under-Subscribed

SSB splash

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 date12345678910
Interest %0.960.961.011.281.431.461.571.681.791.91
Average return per year %0.960.960.981.051.131.181.231.291.341.39

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%