Wednesday, January 25, 2017

Jan 2017 Singapore Savings Bonds - GX17020E

Issuance details - GX17020E

Bond ID
GX17020E
Amount available
$150 million
Issue date
1 Feb 2017
Maturity date(1)
1 Feb 2027
Interest payment dates(1)
The 1st interest payment will be made on 
1 Aug 2017, and subsequently every six months 
on 1 Feb and 1 Aug 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, 3 Jan 2017 
Closes: 9.00pm, 25 Jan 2017 
Results: After 3.00pm, 26 Jan 2017
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 3 Jan 2017, these 
channels will be open from 6.00pm to 9.00pm. CPF and SRS funds are not eligible.

This bond will be reflected as "SBFEB17 GX17020E" in your CDP statement and "CDP-SBFEB17" in your bank statement.

Interest rates

Year from issue date
1
2
3
4
5
6
7
8
9
10
Interest, %
1.05
1.52
1.93
2.32
2.60
2.76
2.90
3.05
3.25
3.57
Average return per year, %*
1.05
1.28
1.50
1.70
1.87
2.01
2.13
2.23
2.33
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.


Should I get?

- wong chee tat :)

No comments: