Tuesday, June 7, 2016

June 2016 Singapore Savings Bonds - GX16070A

Issuance details - GX16070A

Bond ID
GX16070A
Amount available
$300 million
Issue date
1 Jul 2016
Maturity date(1)
1 Jul 2026
Interest payment dates(1)
The 1st interest payment will be made on 1 Jan 2017, and subsequently 
every six months on 1 Jul and 1 Jan 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 Jun 2016
Closes: 9.00pm, 27 Jun 2016
Results: After 3.00pm, 28 Jun 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 Jun 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 "SBJUL16 GX16070A" in your CDP statement and "CDP-SBJUL16" in your bank statement.

Interest rates


Year from issue date
1
2
3
4
5
6
7
8
9
10
Interest, %
0.93
1.15
1.62
2.15
2.41
2.41
2.42
2.46
2.57
2.82
Average return per year, %*
0.93
1.04
1.23
1.46
1.64
1.76
1.85
1.92
1.99
2.06
* 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 :)

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