Singapore Savings Bonds (SBOCT23) Closing Soon
04 Sep 2023 (Updated: 26 Sep 2023)
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.
The amount offered increases by $200.0M to $800.0M. This is against the backdrop of the previous SSB (SBSEP23) being under-subscribed.
Application closes on 26 Sep 2023. Remaining days for you to apply (7am-9pm):
- 26 Sep 2023, Tuesday (last day, apply by 9pm)
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SBOCT23 (Announced)
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 3.05 | 3.05 | 3.05 | 3.05 | 3.05 | 3.05 | 3.10 | 3.36 | 3.48 | 3.48 |
| Average return per year % | 3.05 | 3.05 | 3.05 | 3.05 | 3.05 | 3.05 | 3.06 | 3.09 | 3.13 | 3.16 |
Do you have an existing SSB? Is it profitable to swap your existing SSB with SBOCT23?
Issue Details
The next SSB (SBNOV23) is projected to have a higher 10-year average return. View Projection
