Singapore Savings Bonds (SBNOV18 GX18110Z) Under-Subscribed

SSB splash

29 Oct 2018

SBNOV18 attracted $269.2M in applications (within limits) for the $300.0M offered. This level of demand is higher than that of the previous issue (SBOCT18) at $238.7M.

There is no quantity ceiling for this issue. You will be allotted the full amount you applied for, subject to individual limit of $100,000.

SBNOV18 has a 10-year average return of 2.48% p.a. with interest rates from 1.80% (year 1) to 2.98% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,501.00 over a period of 10 years.

SBNOV18 (Announced)

Opening Date
01 Oct 2018 Notify me
Closing Date
26 Oct 2018 Remind me
Allotment Date
29 Oct 2018 Notify me
Issue Date
01 Nov 2018
Year from issue date12345678910
Interest %1.802.092.272.422.542.632.692.752.842.98
Average return per year %1.801.942.052.142.222.282.342.382.432.48

Issue Details

Issue Code
GX18110Z
Amount Offered
$300,000,000
Maturity Date
01 Nov 2028
Interest Payment Dates
Every 6 months on 01 May and 01 Nov
Total Amount Applied
$280,036,000
Total Amount Applied Within Limits
$269,150,000
Total Amount Allotted
$269,150,000
Quantity Ceiling
$100,000
Percentage of Applicants Allotted an Additional $500
0%