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Singapore Savings Bonds (SBOCT23 GX23100T) Under-Subscribed
27 Sep 2023
SBOCT23 attracted $676.8M in applications (within limits) for the $800.0M offered. This level of demand is higher than that of the previous issue (SBSEP23) at $514.7M.
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.
SBOCT23 has a 10-year average return of 3.16% p.a. with interest rates from 3.05% (year 1) to 3.48% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $3,171.17 over a period of 10 years.
SBOCT23 (Announced)
- Opening Date
- 04 Sep 2023 Notify me
- Closing Date
- 26 Sep 2023 Remind me
- Allotment Date
- 27 Sep 2023 Notify me
- Issue Date
- 02 Oct 2023
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 3.05 | 3.05 | 3.05 | 3.05 | 3.05 | 3.05 | 3.10 | 3.36 | 3.48 | 3.48 |
| Average return per year % | 3.05 | 3.05 | 3.05 | 3.05 | 3.05 | 3.05 | 3.06 | 3.09 | 3.13 | 3.16 |
Issue Details
- Issue Code
- GX23100T
- Amount Offered
- $800,000,000
- Maturity Date
- 01 Oct 2033
- Interest Payment Dates
- Every 6 months on 01 Apr and 01 Oct
- Total Amount Applied
- $688,470,500
- Total Amount Applied Within Limits
- $676,835,500
- Total Amount Allotted
- $676,835,500
- Quantity Ceiling
- $200,000
- Percentage of Applicants Allotted an Additional $500
- 0%