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Singapore Savings Bonds (SBAPR24 GX24040Z) Under-Subscribed
26 Mar 2024
SBAPR24 attracted $292.1M in applications (within limits) for the $900.0M offered. This level of demand is higher than that of the previous issue (SBMAR24) at $117.9M.
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.
SBAPR24 has a 10-year average return of 3.04% p.a. with interest rates from 2.95% (year 1) to 3.28% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $3,049.00 over a period of 10 years.
SBAPR24 (Announced)
- Opening Date
- 01 Mar 2024 Notify me
- Closing Date
- 25 Mar 2024 Remind me
- Allotment Date
- 26 Mar 2024 Notify me
- Issue Date
- 01 Apr 2024
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 2.95 | 2.95 | 2.95 | 2.95 | 2.95 | 2.95 | 3.04 | 3.19 | 3.28 | 3.28 |
| Average return per year % | 2.95 | 2.95 | 2.95 | 2.95 | 2.95 | 2.95 | 2.96 | 2.99 | 3.02 | 3.04 |
Issue Details
- Issue Code
- GX24040Z
- Amount Offered
- $900,000,000
- Maturity Date
- 01 Apr 2034
- Interest Payment Dates
- Every 6 months on 01 Apr and 01 Oct
- Total Amount Applied
- $301,343,000
- Total Amount Applied Within Limits
- $292,148,000
- Total Amount Allotted
- $292,148,000
- Quantity Ceiling
- $200,000
- Percentage of Applicants Allotted an Additional $500
- 0%