Wednesday, November 9, 2016

Nov 2016 Singapore Savings Bonds - GX16120H

Issuance details - GX16120N

Bond ID
GX16120N
Amount available
$300 million
Issue date
1 Dec 2016
Maturity date(1)
1 Dec 2026
Interest payment dates(1)
The 1st interest payment will be made on 1 Jun 2017, and subsequently 
every six months on 1 Dec and 1 Jun 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 Nov 2016
Closes: 9.00pm, 25 Nov 2016
Results: After 3.00pm, 28 Nov 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 Nov 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 "SBDEC16 GX16120N" in your CDP statement and "CDP-SBDEC16" in your bank statement.

Interest rates


Year from issue date
1
2
3
4
5
6
7
8
9
10
Interest, %
0.87
0.93
1.30
1.74
2.01
2.11
2.25
2.41
2.60
2.86
Average return per year, %*
0.87
0.90
1.03
1.21
1.36
1.48
1.59
1.68
1.78
1.87
* 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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