Monday, December 5, 2016

Dec 2016 Singapore Savings Bonds - GX17010W

Issuance details - GX17010W

Bond
     ID             

 GX17010W
Amount available        

 $150 million
Issue 
date

 3 Jan 2017
Maturity date(1)

 1 Jan 2027
Interest payment dates(1)
 The 1st interest payment will be made on 1 Jul 2017, and subsequently 
 every six months on 1 Jan and 1 Jul 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 Dec 2016
 Closes: 9.00pm, 27 Dec 2016
 Results: After 3.00pm, 28 Dec 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 Dec 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 "SBJAN17 GX17010W" in your CDP statement and "CDP-SBJAN17" in your bank statement.

Interest rates

Year from issue date
1
2
3
4
5
6
7
8
9
10
Interest, %
0.91
1.12
1.54
1.99
2.30
2.46
2.64
2.84
3.08
3.40
Average return per year, %*
0.91
1.01
1.19
1.38
1.56
1.70
1.83
1.95
2.06
2.18
* 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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