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Singapore Savings Bonds (SBMAY23 GX23050W) Under-Subscribed
26 Apr 2023
SBMAY23 attracted $697.2M in applications (within limits) for the $700.0M offered. This level of demand is lower than that of the previous issue (SBAPR23) at $751.3M.
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.
SBMAY23 has a 10-year average return of 3.07% p.a. with interest rates from 3.03% (year 1) to 3.21% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $3,078.18 over a period of 10 years.
SBMAY23 (Announced)
- Opening Date
- 03 Apr 2023 Notify me
- Closing Date
- 25 Apr 2023 Remind me
- Allotment Date
- 26 Apr 2023 Notify me
- Issue Date
- 02 May 2023
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.16 | 3.21 | 3.21 |
| Average return per year % | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.04 | 3.06 | 3.07 |
Issue Details
- Issue Code
- GX23050W
- Amount Offered
- $700,000,000
- Maturity Date
- 01 May 2033
- Interest Payment Dates
- Every 6 months on 01 May and 01 Nov
- Total Amount Applied
- $705,529,000
- Total Amount Applied Within Limits
- $697,176,500
- Total Amount Allotted
- $697,176,500
- Quantity Ceiling
- $200,000
- Percentage of Applicants Allotted an Additional $500
- 0%