Singapore Savings Bonds (SBAUG24 GX24080W) Average Return Falls To 3.22%
01 Jul 2024
SBAUG24 has a 10-year average return of 3.22% p.a. with interest rates from 3.19% (year 1) to 3.31% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $3,224.00 over a period of 10 years.
The amount offered decreases by $100.0M to $1000.0M. This is against the backdrop of the previous SSB (SBJUL24) being over-subscribed.
Application closes on 26 Jul 2024.
SBAUG24 (Announced)
- Opening Date
- 01 Jul 2024 Notify me
- Closing Date
- 26 Jul 2024 Remind me
- Allotment Date
- 29 Jul 2024 Notify me
- Issue Date
- 01 Aug 2024
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 3.19 | 3.19 | 3.19 | 3.19 | 3.19 | 3.19 | 3.20 | 3.28 | 3.31 | 3.31 |
| Average return per year % | 3.19 | 3.19 | 3.19 | 3.19 | 3.19 | 3.19 | 3.19 | 3.20 | 3.21 | 3.22 |
Do you have an existing SSB? Is it profitable to swap your existing SSB with SBAUG24?
Check the health of your SSB portfolio with SSB Portfolio Analyzer.
Issue Details
- Issue Code
- GX24080W
- Amount Offered
- $1,000,000,000
- Maturity Date
- 01 Aug 2034
- Interest Payment Dates
- Every 6 months on 01 Feb and 01 Aug
- Allotment Result
- To be announced on Allotment Date (29 Jul 2024)
The next SSB (SBSEP24) is projected to have a higher 10-year average return. View Projection