Tuesday, December 13, 2016

Dec 2016 Singapore Savings Bonds - GX17010W

Issuance details - GX17010W

Bond ID
GX17010W
Amount available
$150 million
Issue date
3 Jan 2017
Maturity date(1)
1 Jan 2027
Interest payment dates(1)
The 1st interest payment will be made on 1 Jul 2017, and 
subsequently every six months on 1 Jan and 1 Jul 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 Dec 2016 
Closes: 9.00pm, 27 Dec 2016 
Results: After 3.00pm, 28 Dec 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 Dec 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 "SBJAN17 GX17010W" in your CDP statement and "CDP-SBJAN17" in your bank statement.

Interest rates

Year from issue date
1
2
3
4
5
6
7
8
9
10
Interest, %
0.91
1.12
1.54
1.99
2.30
2.46
2.64
2.84
3.08
3.40
Average return per year, %*
0.91
1.01
1.19
1.38
1.56
1.70
1.83
1.95
2.06
2.18
* 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 this or ignore?


- wong chee tat :)

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