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Singapore Savings Bonds (SBJUN16 GX16060X) Under-Subscribed
27 May 2016
SBJUN16 attracted $22.0M in applications (within limits) for the $300.0M offered. This level of demand is lower than that of the previous issue (SBMAY16) at $24.7M.
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.
SBJUN16 has a 10-year average return of 1.94% p.a. with interest rates from 0.90% (year 1) to 2.55% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $1,968.00 over a period of 10 years.
SBJUN16 (Announced)
- Opening Date
- 03 May 2016 Notify me
- Closing Date
- 26 May 2016 Remind me
- Allotment Date
- 27 May 2016 Notify me
- Issue Date
- 01 Jun 2016
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 0.90 | 1.01 | 1.53 | 2.14 | 2.31 | 2.31 | 2.31 | 2.31 | 2.31 | 2.55 |
| Average return per year % | 0.90 | 0.95 | 1.14 | 1.39 | 1.57 | 1.68 | 1.77 | 1.83 | 1.88 | 1.94 |
Issue Details
- Issue Code
- GX16060X
- Amount Offered
- $300,000,000
- Maturity Date
- 01 Jun 2026
- Interest Payment Dates
- Every 6 months on 01 Jun and 01 Dec
- Total Amount Applied
- $22,363,000
- Total Amount Applied Within Limits
- $21,999,000
- Total Amount Allotted
- $21,999,000
- Quantity Ceiling
- $50,000
- Percentage of Applicants Allotted an Additional $500
- 0%