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Singapore Savings Bonds (SBDEC22 GX22120S) Over-Subscribed
28 Nov 2022
SBDEC22 attracted $1.7B in applications (within limits) for the $1000.0M offered. This level of demand is lower than that of the previous issue (SBNOV22) at $2.2B.
The quantity ceiling is $14,000. If you applied for $14,000 or lower, you will get a full allotment. If you applied for more than $14,000, you will be allotted $14,000 or $14,500, subject to individual limit of $200,000.
SBDEC22 has a 10-year average return of 3.47% p.a. with interest rates from 3.26% (year 1) to 3.58% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $3,486.00 over a period of 10 years.
SBDEC22 (Announced)
- Opening Date
- 01 Nov 2022 Notify me
- Closing Date
- 25 Nov 2022 Remind me
- Allotment Date
- 28 Nov 2022 Notify me
- Issue Date
- 01 Dec 2022
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 3.26 | 3.26 | 3.28 | 3.58 | 3.58 | 3.58 | 3.58 | 3.58 | 3.58 | 3.58 |
| Average return per year % | 3.26 | 3.26 | 3.27 | 3.34 | 3.39 | 3.42 | 3.44 | 3.45 | 3.46 | 3.47 |
Issue Details
- Issue Code
- GX22120S
- Amount Offered
- $1,000,000,000
- Maturity Date
- 01 Dec 2032
- Interest Payment Dates
- Every 6 months on 01 Jun and 01 Dec
- Total Amount Applied
- $1,721,958,000
- Total Amount Applied Within Limits
- $1,707,758,000
- Total Amount Allotted
- $1,000,000,000
- Quantity Ceiling
- $14,000
- Percentage of Applicants Allotted an Additional $500
- 39%