Singapore Savings Bonds (SBSEP23 GX23090F) Under-Subscribed

SSB splash

29 Aug 2023

SBSEP23 attracted $514.7M in applications (within limits) for the $600.0M offered. This level of demand is higher than that of the previous issue (SBAUG23) at $294.2M.

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.

SBSEP23 has a 10-year average return of 3.06% p.a. with interest rates from 3.01% (year 1) to 3.20% (year 10). If you invest $10,000 in this SSB, you will earn a total interest of $3,058.52 over a period of 10 years.

SBSEP23 (Announced)

Opening Date
01 Aug 2023 Notify me
Closing Date
28 Aug 2023 Remind me
Allotment Date
29 Aug 2023 Notify me
Issue Date
04 Sep 2023
Year from issue date12345678910
Interest %3.013.013.013.013.013.013.013.143.203.20
Average return per year %3.013.013.013.013.013.013.013.023.043.06

Issue Details

Issue Code
GX23090F
Amount Offered
$600,000,000
Maturity Date
01 Sep 2033
Interest Payment Dates
Every 6 months on 01 Mar and 01 Sep
Total Amount Applied
$523,446,500
Total Amount Applied Within Limits
$514,749,000
Total Amount Allotted
$514,749,000
Quantity Ceiling
$200,000
Percentage of Applicants Allotted an Additional $500
0%