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Singapore Savings Bonds (SBMAY19 GX19050A) Over-Subscribed
26 Apr 2019
SBMAY19 attracted $396.6M in applications (within limits) for the $350.0M offered. This level of demand is lower than that of the previous issue (SBAPR19) at $451.0M.
The quantity ceiling is $75,500. If you applied for $75,500 or lower, you will get a full allotment. If you applied for more than $75,500, you will be allotted $75,500 or $76,000, subject to individual limit of $200,000.
SBMAY19 has a 10-year average return of 2.16% p.a. with interest rates from 1.95% (year 1) to 2.49% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,168.47 over a period of 10 years.
SBMAY19 (Announced)
- Opening Date
- 01 Apr 2019 Notify me
- Closing Date
- 25 Apr 2019 Remind me
- Allotment Date
- 26 Apr 2019 Notify me
- Issue Date
- 02 May 2019
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 1.95 | 1.95 | 1.95 | 2.04 | 2.11 | 2.16 | 2.26 | 2.35 | 2.43 | 2.49 |
| Average return per year % | 1.95 | 1.95 | 1.95 | 1.97 | 2.00 | 2.02 | 2.06 | 2.09 | 2.12 | 2.16 |
Issue Details
- Issue Code
- GX19050A
- Amount Offered
- $350,000,000
- Maturity Date
- 01 May 2029
- Interest Payment Dates
- Every 6 months on 01 May and 01 Nov
- Total Amount Applied
- $401,830,000
- Total Amount Applied Within Limits
- $396,599,500
- Total Amount Allotted
- $350,000,000
- Quantity Ceiling
- $75,500
- Percentage of Applicants Allotted an Additional $500
- 69%