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Singapore Savings Bonds (SBNOV24 GX24110N) Under-Subscribed
28 Oct 2024
SBNOV24 attracted $92.2M in applications (within limits) for the $600.0M offered. This level of demand is lower than that of the previous issue (SBOCT24) at $193.6M.
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.
SBNOV24 has a 10-year average return of 2.56% p.a. with interest rates from 2.25% (year 1) to 2.87% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,577.00 over a period of 10 years.
SBNOV24 (Announced)
- Opening Date
- 01 Oct 2024 Notify me
- Closing Date
- 25 Oct 2024 Remind me
- Allotment Date
- 28 Oct 2024 Notify me
- Issue Date
- 01 Nov 2024
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 2.25 | 2.25 | 2.25 | 2.58 | 2.67 | 2.67 | 2.67 | 2.74 | 2.82 | 2.87 |
| Average return per year % | 2.25 | 2.25 | 2.25 | 2.33 | 2.39 | 2.44 | 2.47 | 2.50 | 2.53 | 2.56 |
Issue Details
- Issue Code
- GX24110N
- Amount Offered
- $600,000,000
- Maturity Date
- 01 Nov 2034
- Interest Payment Dates
- Every 6 months on 01 May and 01 Nov
- Total Amount Applied
- $99,588,500
- Total Amount Applied Within Limits
- $92,230,500
- Total Amount Allotted
- $92,230,500
- Quantity Ceiling
- $200,000
- Percentage of Applicants Allotted an Additional $500
- 0%