Wednesday, April 5, 2017

Apr 2017 Singapore Savings Bonds - GX17050F

Issuance details - GX17050F

Bond ID
GX17050F
Amount available
$150 million
Issue date
2 May 2017
Maturity date(1)
1 May 2027
Interest payment dates(1)
The 1st interest payment will be made on 1 Nov 2017, 
and subsequently every six months on 1 May and 1 Nov 
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 Apr 2017 
Closes: 9.00pm, 25 Apr 2017 
Results: After 3.00pm, 26 Apr 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 3 Apr 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 "SBMAY17 GX17050F" in your CDP statement and "CDP-SBMAY17" in your bank statement.

Interest rates

Year from issue date
1
2
3
4
5
6
7
8
9
10
Interest, %
1.00
1.51
1.72
1.87
2.12
2.48
2.78
3.10
3.42
3.73
Average return per year, %*
1.00
1.25
1.41
1.52
1.64
1.77
1.91
2.04
2.18
2.32
* 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.
Applications and redemptions are unavailable due to system maintenance on 15 April 2017. We apologize for any inconvenience caused.



- wong chee tat :)

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