Singapore Savings Bonds (SBAPR19 GX19040X) Over-Subscribed

SSB splash

27 Mar 2019

SBAPR19 attracted $451.0M in applications (within limits) for the $300.0M offered. This level of demand is lower than that of the previous issue (SBMAR19) at $454.9M.

The quantity ceiling is $37,000. If you applied for $37,000 or lower, you will get a full allotment. If you applied for more than $37,000, you will be allotted $37,000 or $37,500, subject to individual limit of $200,000.

SBAPR19 has a 10-year average return of 2.16% p.a. with interest rates from 1.96% (year 1) to 2.49% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,175.00 over a period of 10 years.

SBAPR19 (Announced)

Opening Date
01 Mar 2019 Notify me
Closing Date
26 Mar 2019 Remind me
Allotment Date
27 Mar 2019 Notify me
Issue Date
01 Apr 2019
Year from issue date12345678910
Interest %1.961.961.962.052.122.172.262.352.432.49
Average return per year %1.961.961.961.982.012.032.062.102.132.16

Issue Details

Issue Code
GX19040X
Amount Offered
$300,000,000
Maturity Date
01 Apr 2029
Interest Payment Dates
Every 6 months on 01 Apr and 01 Oct
Total Amount Applied
$455,102,000
Total Amount Applied Within Limits
$451,024,000
Total Amount Allotted
$300,000,000
Quantity Ceiling
$37,000
Percentage of Applicants Allotted an Additional $500
60%