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Singapore Savings Bonds (SBDEC16 GX16120N) Under-Subscribed
28 Nov 2016
SBDEC16 attracted $13.8M in applications (within limits) for the $300.0M offered. This level of demand is higher than that of the previous issue (SBNOV16) at $12.8M.
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.
SBDEC16 has a 10-year average return of 1.87% p.a. with interest rates from 0.87% (year 1) to 2.86% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $1,908.00 over a period of 10 years.
SBDEC16 (Announced)
- Opening Date
- 01 Nov 2016 Notify me
- Closing Date
- 25 Nov 2016 Remind me
- Allotment Date
- 28 Nov 2016 Notify me
- Issue Date
- 01 Dec 2016
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 0.87 | 0.93 | 1.30 | 1.74 | 2.01 | 2.11 | 2.25 | 2.41 | 2.60 | 2.86 |
| Average return per year % | 0.87 | 0.90 | 1.03 | 1.21 | 1.36 | 1.48 | 1.59 | 1.68 | 1.78 | 1.87 |
Issue Details
- Issue Code
- GX16120N
- Amount Offered
- $300,000,000
- Maturity Date
- 01 Dec 2026
- Interest Payment Dates
- Every 6 months on 01 Jun and 01 Dec
- Total Amount Applied
- $14,350,500
- Total Amount Applied Within Limits
- $13,819,500
- Total Amount Allotted
- $13,819,500
- Quantity Ceiling
- $50,000
- Percentage of Applicants Allotted an Additional $500
- 0%