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Singapore Savings Bonds (SBJUN24 GX24060A) Over-Subscribed
29 May 2024
SBJUN24 attracted $1.6B in applications (within limits) for the $1000.0M offered. This level of demand is higher than that of the previous issue (SBMAY24) at $289.6M.
The quantity ceiling is $24,000. If you applied for $24,000 or lower, you will get a full allotment. If you applied for more than $24,000, you will be allotted $24,000 or $24,500, subject to individual limit of $200,000.
SBJUN24 has a 10-year average return of 3.33% p.a. with interest rates from 3.26% (year 1) to 3.54% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $3,341.22 over a period of 10 years.
SBJUN24 (Announced)
- Opening Date
- 02 May 2024 Notify me
- Closing Date
- 28 May 2024 Remind me
- Allotment Date
- 29 May 2024 Notify me
- Issue Date
- 03 Jun 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 | 3.33 | 3.46 | 3.54 | 3.54 |
| Average return per year % | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.27 | 3.29 | 3.31 | 3.33 |
Issue Details
- Issue Code
- GX24060A
- Amount Offered
- $1,000,000,000
- Maturity Date
- 01 Jun 2034
- Interest Payment Dates
- Every 6 months on 01 Jun and 01 Dec
- Total Amount Applied
- $1,609,141,500
- Total Amount Applied Within Limits
- $1,577,097,000
- Total Amount Allotted
- $1,000,000,000
- Quantity Ceiling
- $24,000
- Percentage of Applicants Allotted an Additional $500
- 51%