You are viewing a past SSB issue. View the current SSB (SBJAN25) instead.
Singapore Savings Bonds (SBMAY18 GX18050E) Over-Subscribed
26 Apr 2018
SBMAY18 attracted $515.4M in applications (within limits) for the $200.0M offered. This level of demand is higher than that of the previous issue (SBAPR18) at $258.4M.
The quantity ceiling is $13,000. If you applied for $13,000 or lower, you will get a full allotment. If you applied for more than $13,000, you will be allotted $13,000 or $13,500, subject to individual limit of $100,000.
SBMAY18 has a 10-year average return of 2.39% p.a. with interest rates from 1.65% (year 1) to 3.00% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,415.55 over a period of 10 years.
SBMAY18 (Announced)
- Opening Date
- 02 Apr 2018 Notify me
- Closing Date
- 25 Apr 2018 Remind me
- Allotment Date
- 26 Apr 2018 Notify me
- Issue Date
- 02 May 2018
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 1.65 | 1.95 | 2.14 | 2.28 | 2.42 | 2.54 | 2.62 | 2.72 | 2.84 | 3.00 |
| Average return per year % | 1.65 | 1.80 | 1.91 | 2.00 | 2.08 | 2.15 | 2.21 | 2.27 | 2.33 | 2.39 |
Issue Details
- Issue Code
- GX18050E
- Amount Offered
- $200,000,000
- Maturity Date
- 01 May 2028
- Interest Payment Dates
- Every 6 months on 01 May and 01 Nov
- Total Amount Applied
- $521,758,000
- Total Amount Applied Within Limits
- $515,384,000
- Total Amount Allotted
- $200,000,000
- Quantity Ceiling
- $13,000
- Percentage of Applicants Allotted an Additional $500
- 71%