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Singapore Savings Bonds (SBJUL22 GX22070T) Over-Subscribed
28 Jun 2022
SBJUL22 attracted $1.3B in applications (within limits) for the $600.0M offered. This level of demand is higher than that of the previous issue (SBJUN22) at $904.5M.
The quantity ceiling is $18,000. If you applied for $18,000 or lower, you will get a full allotment. If you applied for more than $18,000, you will be allotted $18,000 or $18,500, subject to individual limit of $200,000.
SBJUL22 has a 10-year average return of 2.71% p.a. with interest rates from 1.69% (year 1) to 3.00% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,733.00 over a period of 10 years.
SBJUL22 (Announced)
- Opening Date
- 01 Jun 2022 Notify me
- Closing Date
- 27 Jun 2022 Remind me
- Allotment Date
- 28 Jun 2022 Notify me
- Issue Date
- 01 Jul 2022
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 1.69 | 2.65 | 2.80 | 2.80 | 2.83 | 2.89 | 2.89 | 2.89 | 2.89 | 3.00 |
| Average return per year % | 1.69 | 2.16 | 2.37 | 2.47 | 2.54 | 2.60 | 2.63 | 2.66 | 2.69 | 2.71 |
Issue Details
- Issue Code
- GX22070T
- Amount Offered
- $600,000,000
- Maturity Date
- 01 Jul 2032
- Interest Payment Dates
- Every 6 months on 01 Jan and 01 Jul
- Total Amount Applied
- $1,322,673,000
- Total Amount Applied Within Limits
- $1,308,313,000
- Total Amount Allotted
- $600,000,000
- Quantity Ceiling
- $18,000
- Percentage of Applicants Allotted an Additional $500
- 17%