Singapore Savings Bonds (SBDEC24 GX24120F) Average Return Rises To 2.81%
01 Nov 2024
SBDEC24 has a 10-year average return of 2.81% p.a. with interest rates from 2.66% (year 1) to 3.01% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,821.27 over a period of 10 years.
The amount offered remains the same at $600.0M. This is against the backdrop of the previous SSB (SBNOV24) being under-subscribed.
Application closes on 26 Nov 2024.
SBDEC24 (Announced)
- Opening Date
- 01 Nov 2024 Notify me
- Closing Date
- 26 Nov 2024 Remind me
- Allotment Date
- 27 Nov 2024 Notify me
- Issue Date
- 02 Dec 2024
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 2.66 | 2.66 | 2.66 | 2.78 | 2.84 | 2.84 | 2.87 | 2.93 | 2.97 | 3.01 |
| Average return per year % | 2.66 | 2.66 | 2.66 | 2.69 | 2.72 | 2.74 | 2.75 | 2.77 | 2.79 | 2.81 |
Do you have an existing SSB? Is it profitable to swap your existing SSB with SBDEC24?
Check the health of your SSB portfolio with SSB Portfolio Analyzer.
Issue Details
- Issue Code
- GX24120F
- Amount Offered
- $600,000,000
- Maturity Date
- 01 Dec 2034
- Interest Payment Dates
- Every 6 months on 01 Jun and 01 Dec
- Allotment Result
- To be announced on Allotment Date (27 Nov 2024)
The next SSB (SBJAN25) is projected to have a higher 10-year average return. View Projection