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Singapore Savings Bonds (SBJUL24 GX24070S) Over-Subscribed
26 Jun 2024
SBJUL24 attracted $1.2B in applications (within limits) for the $1.1B offered. This level of demand is lower than that of the previous issue (SBJUN24) at $1.6B.
The quantity ceiling is $59,000. If you applied for $59,000 or lower, you will get a full allotment. If you applied for more than $59,000, you will be allotted $59,000 or $59,500, subject to individual limit of $200,000.
SBJUL24 has a 10-year average return of 3.30% p.a. with interest rates from 3.26% (year 1) to 3.42% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $3,307.00 over a period of 10 years.
SBJUL24 (Announced)
- Opening Date
- 03 Jun 2024 Notify me
- Closing Date
- 25 Jun 2024 Remind me
- Allotment Date
- 26 Jun 2024 Notify me
- Issue Date
- 01 Jul 2024
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.29 | 3.38 | 3.42 | 3.42 |
| Average return per year % | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.28 | 3.29 | 3.30 |
Issue Details
- Issue Code
- GX24070S
- Amount Offered
- $1,100,000,000
- Maturity Date
- 01 Jul 2034
- Interest Payment Dates
- Every 6 months on 01 Jan and 01 Jul
- Total Amount Applied
- $1,255,488,500
- Total Amount Applied Within Limits
- $1,230,278,000
- Total Amount Allotted
- $1,100,000,000
- Quantity Ceiling
- $59,000
- Percentage of Applicants Allotted an Additional $500
- 11%