Singapore Savings Bonds (SBOCT19 GX19100N) Under-Subscribed

SSB splash

26 Sep 2019

SBOCT19 attracted $57.0M in applications (within limits) for the $250.0M offered. This level of demand is lower than that of the previous issue (SBSEP19) at $76.7M.

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.

SBOCT19 has a 10-year average return of 1.75% p.a. with interest rates from 1.64% (year 1) to 1.91% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $1,758.00 over a period of 10 years.

SBOCT19 (Announced)

Opening Date
02 Sep 2019 Notify me
Closing Date
25 Sep 2019 Remind me
Allotment Date
26 Sep 2019 Notify me
Issue Date
01 Oct 2019
Year from issue date12345678910
Interest %1.641.641.641.711.761.761.801.841.881.91
Average return per year %1.641.641.641.661.681.691.711.721.741.75

Issue Details

Issue Code
GX19100N
Amount Offered
$250,000,000
Maturity Date
01 Oct 2029
Interest Payment Dates
Every 6 months on 01 Apr and 01 Oct
Total Amount Applied
$58,152,000
Total Amount Applied Within Limits
$56,966,000
Total Amount Allotted
$56,966,000
Quantity Ceiling
$200,000
Percentage of Applicants Allotted an Additional $500
0%