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Singapore Savings Bonds (SBNOV23 GX23110V) Over-Subscribed
27 Oct 2023
SBNOV23 attracted $1.2B in applications (within limits) for the $1000.0M offered. This level of demand is higher than that of the previous issue (SBOCT23) at $676.8M.
The quantity ceiling is $47,000. If you applied for $47,000 or lower, you will get a full allotment. If you applied for more than $47,000, you will be allotted $47,000 or $47,500, subject to individual limit of $200,000.
SBNOV23 has a 10-year average return of 3.32% p.a. with interest rates from 3.21% (year 1) to 3.63% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $3,334.00 over a period of 10 years.
SBNOV23 (Announced)
- Opening Date
- 02 Oct 2023 Notify me
- Closing Date
- 26 Oct 2023 Remind me
- Allotment Date
- 27 Oct 2023 Notify me
- Issue Date
- 01 Nov 2023
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 3.21 | 3.21 | 3.21 | 3.21 | 3.21 | 3.21 | 3.30 | 3.52 | 3.63 | 3.63 |
| Average return per year % | 3.21 | 3.21 | 3.21 | 3.21 | 3.21 | 3.21 | 3.22 | 3.25 | 3.29 | 3.32 |
Issue Details
- Issue Code
- GX23110V
- Amount Offered
- $1,000,000,000
- Maturity Date
- 01 Nov 2033
- Interest Payment Dates
- Every 6 months on 01 May and 01 Nov
- Total Amount Applied
- $1,212,012,500
- Total Amount Applied Within Limits
- $1,194,541,000
- Total Amount Allotted
- $1,000,000,000
- Quantity Ceiling
- $47,000
- Percentage of Applicants Allotted an Additional $500
- 74%