Singapore Savings Bonds (SBMAY23 GX23050W) Under-Subscribed

SSB splash

26 Apr 2023

SBMAY23 attracted $697.2M in applications (within limits) for the $700.0M offered. This level of demand is lower than that of the previous issue (SBAPR23) at $751.3M.

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.

SBMAY23 has a 10-year average return of 3.07% p.a. with interest rates from 3.03% (year 1) to 3.21% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $3,078.18 over a period of 10 years.

SBMAY23 (Announced)

Opening Date
03 Apr 2023 Notify me
Closing Date
25 Apr 2023 Remind me
Allotment Date
26 Apr 2023 Notify me
Issue Date
02 May 2023
Year from issue date12345678910
Interest %3.033.033.033.033.033.033.033.163.213.21
Average return per year %3.033.033.033.033.033.033.033.043.063.07

Issue Details

Issue Code
GX23050W
Amount Offered
$700,000,000
Maturity Date
01 May 2033
Interest Payment Dates
Every 6 months on 01 May and 01 Nov
Total Amount Applied
$705,529,000
Total Amount Applied Within Limits
$697,176,500
Total Amount Allotted
$697,176,500
Quantity Ceiling
$200,000
Percentage of Applicants Allotted an Additional $500
0%