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Singapore Savings Bonds (SBJAN23 GX23010Z) Over-Subscribed
28 Dec 2022
SBJAN23 attracted $902.1M in applications (within limits) for the $900.0M offered. This level of demand is lower than that of the previous issue (SBDEC22) at $1.7B.
The quantity ceiling is $172,500. If you applied for $172,500 or lower, you will get a full allotment. If you applied for more than $172,500, you will be allotted $172,500 or $173,000, subject to individual limit of $200,000.
SBJAN23 has a 10-year average return of 3.26% p.a. with interest rates from 2.95% (year 1) to 3.63% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $3,283.37 over a period of 10 years.
SBJAN23 (Announced)
- Opening Date
- 01 Dec 2022 Notify me
- Closing Date
- 27 Dec 2022 Remind me
- Allotment Date
- 28 Dec 2022 Notify me
- Issue Date
- 03 Jan 2023
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 2.95 | 2.95 | 2.95 | 3.25 | 3.36 | 3.36 | 3.36 | 3.47 | 3.57 | 3.63 |
| Average return per year % | 2.95 | 2.95 | 2.95 | 3.02 | 3.09 | 3.13 | 3.16 | 3.19 | 3.23 | 3.26 |
Issue Details
- Issue Code
- GX23010Z
- Amount Offered
- $900,000,000
- Maturity Date
- 01 Jan 2033
- Interest Payment Dates
- Every 6 months on 01 Jan and 01 Jul
- Total Amount Applied
- $909,710,000
- Total Amount Applied Within Limits
- $902,127,000
- Total Amount Allotted
- $900,000,000
- Quantity Ceiling
- $172,500
- Percentage of Applicants Allotted an Additional $500
- 96%