Friday, October 14, 2016

Oct 2016 Singapore Savings Bonds - GX16110H

Issuance details - GX16110H

Bond ID
GX16110H
Amount available
$300 million
Issue date
1 Nov 2016
Maturity date(1)
1 Nov 2026
Interest payment dates(1)
The 1st interest payment will be made on 1 May 2017, and subsequently 
every six months on 1 Nov and 1 May 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 Oct 2016
Closes: 9.00pm, 26 Oct 2016
Results: After 3.00pm, 27 Oct 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 3 Oct 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 "SBNOV16 GX16110H" in your CDP statement and "CDP-SBNOV16" in your bank statement.

Interest rates


Year from issue date
1
2
3
4
5
6
7
8
9
10
Interest, %
0.77
0.90
1.25
1.65
1.91
2.02
2.17
2.32
2.51
2.77
Average return per year, %*
0.77
0.83
0.97
1.14
1.29
1.41
1.51
1.60
1.70
1.79
* 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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