Wednesday, June 7, 2017

May 2017 Singapore Savings Bonds - GX17070V

Issuance details - GX17070V

Bond ID
GX17070V
Amount available
$150 million
Issue date
3 Jul 2017
Maturity date(1)
1 Jul 2027
Interest payment dates(1)
The 1st interest payment will be made on 1 Jan 2018, 
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 2017 
Closes: 9.00pm, 27 Jun 2017 
Results: After 3.00pm, 28 Jun 2017
Keep track of the important dates with our SSB calendar.
Apply through
DBS/POSB, OCBC and UOB ATMs and Internet Banking, 
OCBC Mobile Application from 7.00am - 9.00pm, Mon - Sat, 
excluding Public Holidays. On 1 Jun 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 "SBJUL17 GX17070V" in your CDP statement and "CDP-SBJUL17" in your bank statement.

Interest rates

Year from issue date
1
2
3
4
5
6
7
8
9
10
Interest, %
1.04
1.39
1.64
1.87
2.09
2.30
2.50
2.70
2.92
3.18
Average return per year, %*
1.04
1.21
1.35
1.48
1.60
1.71
1.82
1.92
2.02
2.12
* 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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