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Singapore Savings Bonds (SBJUN18 GX18060H) Over-Subscribed
28 May 2018
SBJUN18 attracted $510.6M in applications (within limits) for the $200.0M offered. This level of demand is lower than that of the previous issue (SBMAY18) at $515.4M.
The quantity ceiling is $12,000. If you applied for $12,000 or lower, you will get a full allotment. If you applied for more than $12,000, you will be allotted $12,000 or $12,500, subject to individual limit of $100,000.
SBJUN18 has a 10-year average return of 2.43% p.a. with interest rates from 1.68% (year 1) to 3.12% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,462.00 over a period of 10 years.
SBJUN18 (Announced)
- Opening Date
- 02 May 2018 Notify me
- Closing Date
- 25 May 2018 Remind me
- Allotment Date
- 28 May 2018 Notify me
- Issue Date
- 01 Jun 2018
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 1.68 | 2.14 | 2.21 | 2.21 | 2.30 | 2.52 | 2.67 | 2.81 | 2.96 | 3.12 |
| Average return per year % | 1.68 | 1.91 | 2.01 | 2.06 | 2.10 | 2.17 | 2.24 | 2.30 | 2.37 | 2.43 |
Issue Details
- Issue Code
- GX18060H
- Amount Offered
- $200,000,000
- Maturity Date
- 01 Jun 2028
- Interest Payment Dates
- Every 6 months on 01 Jun and 01 Dec
- Total Amount Applied
- $520,034,000
- Total Amount Applied Within Limits
- $510,587,000
- Total Amount Allotted
- $200,000,000
- Quantity Ceiling
- $12,000
- Percentage of Applicants Allotted an Additional $500
- 19%