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Singapore Savings Bonds (SBMAR19 GX19030Z) Over-Subscribed
26 Feb 2019
SBMAR19 attracted $454.9M in applications (within limits) for the $300.0M offered. This level of demand is higher than that of the previous issue (SBFEB19) at $203.3M.
The quantity ceiling is $38,500. If you applied for $38,500 or lower, you will get a full allotment. If you applied for more than $38,500, you will be allotted $38,500 or $39,000, subject to individual limit of $200,000.
SBMAR19 has a 10-year average return of 2.18% p.a. with interest rates from 1.95% (year 1) to 2.55% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,197.00 over a period of 10 years.
SBMAR19 (Announced)
- Opening Date
- 01 Feb 2019 Notify me
- Closing Date
- 25 Feb 2019 Remind me
- Allotment Date
- 26 Feb 2019 Notify me
- Issue Date
- 01 Mar 2019
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 1.95 | 1.95 | 1.97 | 2.05 | 2.13 | 2.20 | 2.30 | 2.39 | 2.48 | 2.55 |
| Average return per year % | 1.95 | 1.95 | 1.96 | 1.98 | 2.01 | 2.04 | 2.07 | 2.11 | 2.15 | 2.18 |
Issue Details
- Issue Code
- GX19030Z
- Amount Offered
- $300,000,000
- Maturity Date
- 01 Mar 2029
- Interest Payment Dates
- Every 6 months on 01 Mar and 01 Sep
- Total Amount Applied
- $456,582,000
- Total Amount Applied Within Limits
- $454,869,000
- Total Amount Allotted
- $300,000,000
- Quantity Ceiling
- $38,500
- Percentage of Applicants Allotted an Additional $500
- 51%