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Singapore Savings Bonds (SBMAR23 GX23030A) Under-Subscribed
24 Feb 2023
SBMAR23 attracted $258.3M in applications (within limits) for the $600.0M offered. This level of demand is lower than that of the previous issue (SBFEB23) at $472.3M.
There is no quantity ceiling for this issue. You will be allotted the full amount you applied for, subject to individual limit of $200,000.
SBMAR23 has a 10-year average return of 2.90% p.a. with interest rates from 2.76% (year 1) to 3.26% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,911.00 over a period of 10 years.
SBMAR23 (Announced)
- Opening Date
- 01 Feb 2023 Notify me
- Closing Date
- 23 Feb 2023 Remind me
- Allotment Date
- 24 Feb 2023 Notify me
- Issue Date
- 01 Mar 2023
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 2.76 | 2.76 | 2.76 | 2.76 | 2.76 | 2.76 | 2.90 | 3.13 | 3.26 | 3.26 |
| Average return per year % | 2.76 | 2.76 | 2.76 | 2.76 | 2.76 | 2.76 | 2.78 | 2.82 | 2.86 | 2.90 |
Issue Details
- Issue Code
- GX23030A
- Amount Offered
- $600,000,000
- Maturity Date
- 01 Mar 2033
- Interest Payment Dates
- Every 6 months on 01 Mar and 01 Sep
- Total Amount Applied
- $261,071,000
- Total Amount Applied Within Limits
- $258,266,500
- Total Amount Allotted
- $258,266,500
- Quantity Ceiling
- $200,000
- Percentage of Applicants Allotted an Additional $500
- 0%