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Singapore Savings Bonds (SBOCT24 GX24100H) Under-Subscribed
26 Sep 2024
SBOCT24 attracted $193.6M in applications (within limits) for the $800.0M offered. This level of demand is lower than that of the previous issue (SBSEP24) at $799.4M.
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.
SBOCT24 has a 10-year average return of 2.77% p.a. with interest rates from 2.59% (year 1) to 2.97% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $2,781.00 over a period of 10 years.
SBOCT24 (Announced)
- Opening Date
- 02 Sep 2024 Notify me
- Closing Date
- 25 Sep 2024 Remind me
- Allotment Date
- 26 Sep 2024 Notify me
- Issue Date
- 01 Oct 2024
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest % | 2.59 | 2.59 | 2.59 | 2.77 | 2.82 | 2.82 | 2.82 | 2.89 | 2.95 | 2.97 |
| Average return per year % | 2.59 | 2.59 | 2.59 | 2.63 | 2.67 | 2.69 | 2.71 | 2.73 | 2.75 | 2.77 |
Issue Details
- Issue Code
- GX24100H
- Amount Offered
- $800,000,000
- Maturity Date
- 01 Oct 2034
- Interest Payment Dates
- Every 6 months on 01 Apr and 01 Oct
- Total Amount Applied
- $206,608,000
- Total Amount Applied Within Limits
- $193,603,000
- Total Amount Allotted
- $193,603,000
- Quantity Ceiling
- $200,000
- Percentage of Applicants Allotted an Additional $500
- 0%