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Singapore Savings Bonds (SBOCT16 GX16100E) Under-Subscribed
28 Sep 2016
SBOCT16 attracted $15.5M in applications (within limits) for the $300.0M offered. This level of demand is lower than that of the previous issue (SBSEP16) at $16.8M.
There is no quantity ceiling for this issue. You will be allotted the full amount you applied for, subject to issue limit of $50,000 and individual limit of $100,000.
SBOCT16 has a 10-year average return of 1.79% p.a. with interest rates from 0.84% (year 1) to 2.62% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $1,815.54 over a period of 10 years.
SBOCT16 (Announced)
- Opening Date
- 01 Sep 2016 Notify me
- Closing Date
- 27 Sep 2016 Remind me
- Allotment Date
- 28 Sep 2016 Notify me
- Issue Date
- 03 Oct 2016
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 0.84 | 0.89 | 1.28 | 1.75 | 2.00 | 2.04 | 2.13 | 2.23 | 2.38 | 2.62 |
| Average return per year % | 0.84 | 0.86 | 1.00 | 1.19 | 1.34 | 1.45 | 1.55 | 1.63 | 1.70 | 1.79 |
Issue Details
- Issue Code
- GX16100E
- Amount Offered
- $300,000,000
- Maturity Date
- 01 Oct 2026
- Interest Payment Dates
- Every 6 months on 01 Apr and 01 Oct
- Total Amount Applied
- $15,904,500
- Total Amount Applied Within Limits
- $15,542,500
- Total Amount Allotted
- $15,542,500
- Quantity Ceiling
- $50,000
- Percentage of Applicants Allotted an Additional $500
- 0%