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Singapore Savings Bonds (SBJUL16 GX16070A) Under-Subscribed
28 Jun 2016
SBJUL16 attracted $25.2M in applications (within limits) for the $300.0M offered. This level of demand is higher than that of the previous issue (SBJUN16) at $22.0M.
There is no quantity ceiling for this issue. You will be allotted the full amount you applied for, subject to issue limit of $50,000 and individual limit of $100,000.
SBJUL16 has a 10-year average return of 2.06% p.a. with interest rates from 0.93% (year 1) to 2.82% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,094.00 over a period of 10 years.
SBJUL16 (Announced)
- Opening Date
- 01 Jun 2016 Notify me
- Closing Date
- 27 Jun 2016 Remind me
- Allotment Date
- 28 Jun 2016 Notify me
- Issue Date
- 01 Jul 2016
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 0.93 | 1.15 | 1.62 | 2.15 | 2.41 | 2.41 | 2.42 | 2.46 | 2.57 | 2.82 |
| Average return per year % | 0.93 | 1.04 | 1.23 | 1.46 | 1.64 | 1.76 | 1.85 | 1.92 | 1.99 | 2.06 |
Issue Details
- Issue Code
- GX16070A
- Amount Offered
- $300,000,000
- Maturity Date
- 01 Jul 2026
- Interest Payment Dates
- Every 6 months on 01 Jan and 01 Jul
- Total Amount Applied
- $26,180,000
- Total Amount Applied Within Limits
- $25,220,000
- Total Amount Allotted
- $25,220,000
- Quantity Ceiling
- $50,000
- Percentage of Applicants Allotted an Additional $500
- 0%