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Singapore Savings Bonds (SBNOV22 GX22110A) Over-Subscribed
27 Oct 2022
SBNOV22 attracted $2.2B in applications (within limits) for the $900.0M offered. This level of demand is higher than that of the previous issue (SBOCT22) at $1.1B.
The quantity ceiling is $10,000. If you applied for $10,000 or lower, you will get a full allotment. If you applied for more than $10,000, you will be allotted $10,000 or $10,500, subject to individual limit of $200,000.
SBNOV22 has a 10-year average return of 3.21% p.a. with interest rates from 3.08% (year 1) to 3.30% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $3,213.00 over a period of 10 years.
SBNOV22 (Announced)
- Opening Date
- 03 Oct 2022 Notify me
- Closing Date
- 26 Oct 2022 Remind me
- Allotment Date
- 27 Oct 2022 Notify me
- Issue Date
- 01 Nov 2022
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 3.08 | 3.15 | 3.18 | 3.19 | 3.21 | 3.23 | 3.25 | 3.26 | 3.28 | 3.30 |
| Average return per year % | 3.08 | 3.11 | 3.14 | 3.15 | 3.16 | 3.17 | 3.18 | 3.19 | 3.20 | 3.21 |
Issue Details
- Issue Code
- GX22110A
- Amount Offered
- $900,000,000
- Maturity Date
- 01 Nov 2032
- Interest Payment Dates
- Every 6 months on 01 May and 01 Nov
- Total Amount Applied
- $2,204,058,500
- Total Amount Applied Within Limits
- $2,185,784,500
- Total Amount Allotted
- $900,000,000
- Quantity Ceiling
- $10,000
- Percentage of Applicants Allotted an Additional $500
- 29%