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Singapore Savings Bonds (SBSEP20 GX20090H) Under-Subscribed
27 Aug 2020
SBSEP20 attracted $10.7M in applications (within limits) for the $150.0M offered. This level of demand is lower than that of the previous issue (SBAUG20) at $11.9M.
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.
SBSEP20 has a 10-year average return of 0.88% p.a. with interest rates from 0.24% (year 1) to 1.56% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $890.00 over a period of 10 years.
SBSEP20 (Announced)
- Opening Date
- 03 Aug 2020 Notify me
- Closing Date
- 26 Aug 2020 Remind me
- Allotment Date
- 27 Aug 2020 Notify me
- Issue Date
- 01 Sep 2020
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 0.24 | 0.24 | 0.43 | 0.74 | 0.93 | 1.00 | 1.12 | 1.25 | 1.39 | 1.56 |
| Average return per year % | 0.24 | 0.24 | 0.30 | 0.41 | 0.51 | 0.59 | 0.67 | 0.74 | 0.81 | 0.88 |
Issue Details
- Issue Code
- GX20090H
- Amount Offered
- $150,000,000
- Maturity Date
- 01 Sep 2030
- Interest Payment Dates
- Every 6 months on 01 Mar and 01 Sep
- Total Amount Applied
- $10,841,500
- Total Amount Applied Within Limits
- $10,746,500
- Total Amount Allotted
- $10,746,500
- Quantity Ceiling
- $200,000
- Percentage of Applicants Allotted an Additional $500
- 0%