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Singapore Savings Bonds (SBAPR16 GX16040V) Under-Subscribed
29 Mar 2016
SBAPR16 attracted $19.0M in applications (within limits) for the $300.0M offered. This level of demand is lower than that of the previous issue (SBMAR16) at $25.8M.
There is no quantity ceiling for this issue. You will be allotted the full amount you applied for, subject to issue limit of $50,000 and individual limit of $100,000.
SBAPR16 has a 10-year average return of 2.19% p.a. with interest rates from 1.04% (year 1) to 2.77% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,221.00 over a period of 10 years.
SBAPR16 (Announced)
- Opening Date
- 01 Mar 2016 Notify me
- Closing Date
- 28 Mar 2016 Remind me
- Allotment Date
- 29 Mar 2016 Notify me
- Issue Date
- 01 Apr 2016
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 1.04 | 1.04 | 1.71 | 2.55 | 2.62 | 2.62 | 2.62 | 2.62 | 2.62 | 2.77 |
| Average return per year % | 1.04 | 1.04 | 1.26 | 1.57 | 1.78 | 1.91 | 2.00 | 2.07 | 2.13 | 2.19 |
Issue Details
- Issue Code
- GX16040V
- Amount Offered
- $300,000,000
- Maturity Date
- 01 Apr 2026
- Interest Payment Dates
- Every 6 months on 01 Apr and 01 Oct
- Total Amount Applied
- $19,134,500
- Total Amount Applied Within Limits
- $18,989,500
- Total Amount Allotted
- $18,989,500
- Quantity Ceiling
- $50,000
- Percentage of Applicants Allotted an Additional $500
- 0%