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Singapore Savings Bonds (SBMAY22 GX22050N) Under-Subscribed
27 Apr 2022
SBMAY22 attracted $227.3M in applications (within limits) for the $250.0M offered. This level of demand is higher than that of the previous issue (SBAPR22) at $136.9M.
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.
SBMAY22 has a 10-year average return of 2.09% p.a. with interest rates from 0.86% (year 1) to 2.37% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,103.30 over a period of 10 years.
SBMAY22 (Announced)
- Opening Date
- 01 Apr 2022 Notify me
- Closing Date
- 26 Apr 2022 Remind me
- Allotment Date
- 27 Apr 2022 Notify me
- Issue Date
- 04 May 2022
Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
---|---|---|---|---|---|---|---|---|---|---|
Interest % | 0.86 | 2.13 | 2.20 | 2.20 | 2.20 | 2.27 | 2.27 | 2.27 | 2.27 | 2.37 |
Average return per year % | 0.86 | 1.49 | 1.72 | 1.84 | 1.91 | 1.96 | 2.01 | 2.04 | 2.06 | 2.09 |
Issue Details
- Issue Code
- GX22050N
- Amount Offered
- $250,000,000
- Maturity Date
- 01 May 2032
- Interest Payment Dates
- Every 6 months on 01 May and 01 Nov
- Total Amount Applied
- $231,340,000
- Total Amount Applied Within Limits
- $227,342,000
- Total Amount Allotted
- $227,342,000
- Quantity Ceiling
- $200,000
- Percentage of Applicants Allotted an Additional $500
- 0%