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Singapore Savings Bonds (SBOCT22 GX22100X) Over-Subscribed
28 Sep 2022
SBOCT22 attracted $1.1B in applications (within limits) for the $900.0M offered. This level of demand is lower than that of the previous issue (SBSEP22) at $1.9B.
The quantity ceiling is $42,000. If you applied for $42,000 or lower, you will get a full allotment. If you applied for more than $42,000, you will be allotted $42,000 or $42,500, subject to individual limit of $200,000.
SBOCT22 has a 10-year average return of 2.75% p.a. with interest rates from 2.60% (year 1) to 2.99% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,757.57 over a period of 10 years.
SBOCT22 (Announced)
- Opening Date
- 01 Sep 2022 Notify me
- Closing Date
- 27 Sep 2022 Remind me
- Allotment Date
- 28 Sep 2022 Notify me
- Issue Date
- 03 Oct 2022
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 2.60 | 2.60 | 2.60 | 2.67 | 2.74 | 2.74 | 2.81 | 2.89 | 2.95 | 2.99 |
| Average return per year % | 2.60 | 2.60 | 2.60 | 2.62 | 2.64 | 2.66 | 2.68 | 2.70 | 2.73 | 2.75 |
Issue Details
- Issue Code
- GX22100X
- Amount Offered
- $900,000,000
- Maturity Date
- 01 Oct 2032
- Interest Payment Dates
- Every 6 months on 01 Apr and 01 Oct
- Total Amount Applied
- $1,077,576,500
- Total Amount Applied Within Limits
- $1,068,677,500
- Total Amount Allotted
- $900,000,000
- Quantity Ceiling
- $42,000
- Percentage of Applicants Allotted an Additional $500
- 72%