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Singapore Savings Bonds (SBOCT18 GX18100V) Under-Subscribed
26 Sep 2018
SBOCT18 attracted $238.7M in applications (within limits) for the $300.0M offered. This level of demand is lower than that of the previous issue (SBSEP18) at $338.1M.
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.
SBOCT18 has a 10-year average return of 2.42% p.a. with interest rates from 1.74% (year 1) to 2.97% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,447.00 over a period of 10 years.
SBOCT18 (Announced)
- Opening Date
- 03 Sep 2018 Notify me
- Closing Date
- 25 Sep 2018 Remind me
- Allotment Date
- 26 Sep 2018 Notify me
- Issue Date
- 01 Oct 2018
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 1.74 | 2.08 | 2.22 | 2.31 | 2.42 | 2.55 | 2.63 | 2.72 | 2.83 | 2.97 |
| Average return per year % | 1.74 | 1.91 | 2.01 | 2.08 | 2.15 | 2.21 | 2.27 | 2.32 | 2.37 | 2.42 |
Issue Details
- Issue Code
- GX18100V
- Amount Offered
- $300,000,000
- Maturity Date
- 01 Oct 2028
- Interest Payment Dates
- Every 6 months on 01 Apr and 01 Oct
- Total Amount Applied
- $248,521,000
- Total Amount Applied Within Limits
- $238,683,000
- Total Amount Allotted
- $238,683,000
- Quantity Ceiling
- $100,000
- Percentage of Applicants Allotted an Additional $500
- 0%