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Singapore Savings Bonds (SBNOV16 GX16110H) Under-Subscribed
27 Oct 2016
SBNOV16 attracted $12.8M in applications (within limits) for the $300.0M offered. This level of demand is lower than that of the previous issue (SBOCT16) at $15.5M.
There is no quantity ceiling for this issue. You will be allotted the full amount you applied for, subject to issue limit of $50,000 and individual limit of $100,000.
SBNOV16 has a 10-year average return of 1.79% p.a. with interest rates from 0.77% (year 1) to 2.77% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $1,827.00 over a period of 10 years.
SBNOV16 (Announced)
- Opening Date
- 03 Oct 2016 Notify me
- Closing Date
- 26 Oct 2016 Remind me
- Allotment Date
- 27 Oct 2016 Notify me
- Issue Date
- 01 Nov 2016
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 0.77 | 0.90 | 1.25 | 1.65 | 1.91 | 2.02 | 2.17 | 2.32 | 2.51 | 2.77 |
| Average return per year % | 0.77 | 0.83 | 0.97 | 1.14 | 1.29 | 1.41 | 1.51 | 1.60 | 1.70 | 1.79 |
Issue Details
- Issue Code
- GX16110H
- Amount Offered
- $300,000,000
- Maturity Date
- 01 Nov 2026
- Interest Payment Dates
- Every 6 months on 01 May and 01 Nov
- Total Amount Applied
- $13,766,500
- Total Amount Applied Within Limits
- $12,775,500
- Total Amount Allotted
- $12,775,500
- Quantity Ceiling
- $50,000
- Percentage of Applicants Allotted an Additional $500
- 0%