Tuesday, March 1, 2016

Mar 2016 Singapore Savings Bonds - GX16040V

Issuance details - GX16040V

Bond ID
GX16040V
Amount available
$300 million
Issue date
1 Apr 2016
Maturity date(1)
1 Apr 2026
Interest payment dates(1)
The 1st interest payment will be made on 1 Oct 2016, and subsequently 
every six months on 1 Apr and 1 Oct 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 Mar 2016
Closes: 9.00pm, 28 Mar 2016
Results: After 3.00pm, 29 Mar 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 Mar 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 "SBAPR16 GX16040V" in your CDP statement and "CDP-SBAPR16" in your bank statement.

Interest rates


Year from issue date
1
2
3
4
5
6
7
8
9
10
Interest, %
1.04
1.04
1.71
2.55
2.62
2.62
2.62
2.62
2.62
2.77
Average return per year, %*
1.04
1.04
1.26
1.57
1.78
1.91
2.00
2.07
2.13
2.19
* 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 :)

Weather

Another hot and sunny day. I need to drink more water.


- wong chee tat :)

Om Mani Padme Hum

Om Mani Padme Hum

- wong chee tat :)

Om Mani Padme Hum

Om Mani Padme Hum

- wong chee tat :)

Om Mani Padme Hum

Om Mani Padme Hum

- wong chee tat :)