Issuance details - GX16090W
Bond ID |
GX16090W
|
---|---|
Amount available |
$300 million
|
Issue date |
1 Sep 2016
|
Maturity date(1) |
1 Sep 2026
|
Interest payment dates(1) |
The 1st interest payment will be made on 1 Mar 2017, and subsequently
every six months on 1 Sep and 1 Mar 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 Aug2016
Closes: 9.00pm, 26 Aug 2016 Results: After 3.00pm, 29 Aug 2016 Keep track of the important dates with our SSB calendar. |
Apply through |
DBS/POSB, OCBC and UOB ATMs and DBS/POSB Internet Banking,
from 7.00am - 9.00pm, Mon - Sat, excluding Public Holidays. On 1 Aug 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 "SBSEP16 GX16090W" in your CDP statement and "CDP-SBSEP16" in your bank statement.
Interest rates
* 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.
Lower interest rate than last month's. Should I get this? Or skip?
- wong chee tat :)
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