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Singapore Savings Bonds (SBOCT20 GX20100N) Under-Subscribed
28 Sep 2020
SBOCT20 attracted $11.1M in applications (within limits) for the $100.0M offered. This level of demand is higher than that of the previous issue (SBSEP20) at $10.7M.
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.
SBOCT20 has a 10-year average return of 0.90% p.a. with interest rates from 0.26% (year 1) to 1.66% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $914.00 over a period of 10 years.
SBOCT20 (Announced)
- Opening Date
- 01 Sep 2020 Notify me
- Closing Date
- 25 Sep 2020 Remind me
- Allotment Date
- 28 Sep 2020 Notify me
- Issue Date
- 01 Oct 2020
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 0.26 | 0.26 | 0.42 | 0.70 | 0.89 | 0.99 | 1.16 | 1.32 | 1.48 | 1.66 |
| Average return per year % | 0.26 | 0.26 | 0.31 | 0.41 | 0.50 | 0.58 | 0.66 | 0.74 | 0.82 | 0.90 |
Issue Details
- Issue Code
- GX20100N
- Amount Offered
- $100,000,000
- Maturity Date
- 01 Oct 2030
- Interest Payment Dates
- Every 6 months on 01 Apr and 01 Oct
- Total Amount Applied
- $11,306,000
- Total Amount Applied Within Limits
- $11,095,000
- Total Amount Allotted
- $11,095,000
- Quantity Ceiling
- $200,000
- Percentage of Applicants Allotted an Additional $500
- 0%