Singapore Savings Bonds (SBOCT23 GX23100T) Under-Subscribed

SSB splash

27 Sep 2023

SBOCT23 attracted $676.8M in applications (within limits) for the $800.0M offered. This level of demand is higher than that of the previous issue (SBSEP23) at $514.7M.

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.

SBOCT23 has a 10-year average return of 3.16% p.a. with interest rates from 3.05% (year 1) to 3.48% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $3,171.17 over a period of 10 years.

SBOCT23 (Announced)

Opening Date
04 Sep 2023 Notify me
Closing Date
26 Sep 2023 Remind me
Allotment Date
27 Sep 2023 Notify me
Issue Date
02 Oct 2023
Year from issue date12345678910
Interest %3.053.053.053.053.053.053.103.363.483.48
Average return per year %3.053.053.053.053.053.053.063.093.133.16

Issue Details

Issue Code
GX23100T
Amount Offered
$800,000,000
Maturity Date
01 Oct 2033
Interest Payment Dates
Every 6 months on 01 Apr and 01 Oct
Total Amount Applied
$688,470,500
Total Amount Applied Within Limits
$676,835,500
Total Amount Allotted
$676,835,500
Quantity Ceiling
$200,000
Percentage of Applicants Allotted an Additional $500
0%