Singapore Savings Bonds (SBDEC20 GX20120T) Under-Subscribed

SSB splash

26 Nov 2020

SBDEC20 attracted $11.0M in applications (within limits) for the $100.0M offered. This level of demand is lower than that of the previous issue (SBNOV20) at $11.6M.

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.

SBDEC20 has a 10-year average return of 0.87% p.a. with interest rates from 0.24% (year 1) to 1.63% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $884.00 over a period of 10 years.

SBDEC20 (Announced)

Opening Date
02 Nov 2020 Notify me
Closing Date
25 Nov 2020 Remind me
Allotment Date
26 Nov 2020 Notify me
Issue Date
01 Dec 2020
Year from issue date12345678910
Interest %0.240.240.390.660.850.961.121.291.461.63
Average return per year %0.240.240.290.380.470.550.630.710.790.87

Issue Details

Issue Code
GX20120T
Amount Offered
$100,000,000
Maturity Date
01 Dec 2030
Interest Payment Dates
Every 6 months on 01 Jun and 01 Dec
Total Amount Applied
$11,120,500
Total Amount Applied Within Limits
$10,963,500
Total Amount Allotted
$10,963,500
Quantity Ceiling
$200,000
Percentage of Applicants Allotted an Additional $500
0%