Singapore Savings Bonds (SBJAN20 GX20010T) Under-Subscribed

SSB splash

27 Dec 2019

SBJAN20 attracted $58.8M in applications (within limits) for the $150.0M offered. This level of demand is higher than that of the previous issue (SBDEC19) at $43.0M.

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.

SBJAN20 has a 10-year average return of 1.76% p.a. with interest rates from 1.52% (year 1) to 2.04% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $1,772.58 over a period of 10 years.

SBJAN20 (Announced)

Opening Date
02 Dec 2019 Notify me
Closing Date
26 Dec 2019 Remind me
Allotment Date
27 Dec 2019 Notify me
Issue Date
02 Jan 2020
Year from issue date12345678910
Interest %1.521.521.521.731.821.821.861.921.982.04
Average return per year %1.521.521.521.571.621.651.681.711.741.76

Issue Details

Issue Code
GX20010T
Amount Offered
$150,000,000
Maturity Date
01 Jan 2030
Interest Payment Dates
Every 6 months on 01 Jan and 01 Jul
Total Amount Applied
$60,196,500
Total Amount Applied Within Limits
$58,779,500
Total Amount Allotted
$58,779,500
Quantity Ceiling
$200,000
Percentage of Applicants Allotted an Additional $500
0%