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Singapore Savings Bonds (SBMAR24 GX24030V) Under-Subscribed
27 Feb 2024
SBMAR24 attracted $117.9M in applications (within limits) for the $800.0M offered. This level of demand is lower than that of the previous issue (SBFEB24) at $175.2M.
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.
SBMAR24 has a 10-year average return of 2.88% p.a. with interest rates from 2.74% (year 1) to 3.26% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,892.00 over a period of 10 years.
SBMAR24 (Announced)
- Opening Date
- 01 Feb 2024 Notify me
- Closing Date
- 26 Feb 2024 Remind me
- Allotment Date
- 27 Feb 2024 Notify me
- Issue Date
- 01 Mar 2024
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 2.74 | 2.74 | 2.74 | 2.74 | 2.74 | 2.74 | 2.84 | 3.12 | 3.26 | 3.26 |
| Average return per year % | 2.74 | 2.74 | 2.74 | 2.74 | 2.74 | 2.74 | 2.75 | 2.79 | 2.84 | 2.88 |
Issue Details
- Issue Code
- GX24030V
- Amount Offered
- $800,000,000
- Maturity Date
- 01 Mar 2034
- Interest Payment Dates
- Every 6 months on 01 Mar and 01 Sep
- Total Amount Applied
- $123,466,000
- Total Amount Applied Within Limits
- $117,912,000
- Total Amount Allotted
- $117,912,000
- Quantity Ceiling
- $200,000
- Percentage of Applicants Allotted an Additional $500
- 0%