You are viewing a past SSB issue. View the current SSB (SBJAN25) instead.
Singapore Savings Bonds (SBFEB24 GX24020T) Under-Subscribed
29 Jan 2024
SBFEB24 attracted $175.2M in applications (within limits) for the $900.0M offered. This level of demand is lower than that of the previous issue (SBJAN24) at $853.0M.
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.
SBFEB24 has a 10-year average return of 2.81% p.a. with interest rates from 2.72% (year 1) to 3.09% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,821.00 over a period of 10 years.
SBFEB24 (Announced)
- Opening Date
- 02 Jan 2024 Notify me
- Closing Date
- 26 Jan 2024 Remind me
- Allotment Date
- 29 Jan 2024 Notify me
- Issue Date
- 01 Feb 2024
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 2.72 | 2.72 | 2.72 | 2.72 | 2.72 | 2.72 | 2.72 | 2.99 | 3.09 | 3.09 |
| Average return per year % | 2.72 | 2.72 | 2.72 | 2.72 | 2.72 | 2.72 | 2.72 | 2.75 | 2.78 | 2.81 |
Issue Details
- Issue Code
- GX24020T
- Amount Offered
- $900,000,000
- Maturity Date
- 01 Feb 2034
- Interest Payment Dates
- Every 6 months on 01 Feb and 01 Aug
- Total Amount Applied
- $182,802,500
- Total Amount Applied Within Limits
- $175,150,000
- Total Amount Allotted
- $175,150,000
- Quantity Ceiling
- $200,000
- Percentage of Applicants Allotted an Additional $500
- 0%