Saturday, February 20, 2016

Feb 2016 Singapore Savings Bonds - GX16030T

Issuance details - GX16030T

Bond ID
GX16030T
Amount available
$300 million
Issue date
1 Mar 2016
Maturity date(1)
1 Mar 2026
Interest payment dates(1)
The 1st interest payment will be made on 1 Sep 2016, and subsequently 
every six months on 1 Mar and 1 Sep every year.
Investment amounts
You can invest a minimum of $500, and in multiples of $500 up to 
$50,000 for this issue. The total amount of Savings Bonds held across 
all issues cannot be more than $100,000.
Application period
Opens: 6.00pm, 1 Feb 2016
Closes: 9.00pm, 24 Feb 2016
Results: After 3.00pm, 25 Feb 2016
Keep track of the important dates with our SSB calendar.
Apply through
DBS/POSB, OCBC and UOB ATMs and DBS/POSBInternet Banking
from 7.00am - 9.00pm, Mon - Sat, excluding Public Holidays. On 
1 Feb 2016, these channels will be open from 6.00pm to 9.00pm. 
CPF and SRS funds are not eligible.

This bond will be reflected as "SBMAR16 GX16030T" in your CDP statement and "CDP-SBMAR16" in your bank statement.

Interest rates


Year from issue date
1
2
3
4
5
6
7
8
9
10
Interest, %
1.09
1.15
1.84
2.67
2.95
2.95
2.95
2.95
3.03
3.35
Average return per year, %*
1.09
1.12
1.36
1.68
1.92
2.08
2.20
2.28
2.36
2.44
* At the end of each year, on a compounded basis
Calculate the interest you will earn based on your desired investment amount using the Interest Calculator.
(1)If this day is not a business day, payment will be made on the next business day.


- wong chee tat :)

No comments: