Wednesday, July 26, 2017

July 2017 Singapore Savings Bonds - GX17080Z

Issuance details - GX17080Z

Bond ID
GX17080Z
Amount available
$150 million
Issue date
1 Aug 2017
Maturity date(1)
1 Aug 2027
Interest payment dates(1)
The 1st interest payment will be made 
on 1 Feb 2018, and subsequently every 
six months on 1 Aug and 1 Feb 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 Jul 2017 
Closes: 9.00pm, 26 Jul 2017 
Results: After 3.00pm, 27 Jul 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 Jul 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 "SBAUG17 GX17080Z" in your CDP statement and "CDP-SBAUG17" in your bank statement.

Interest rates

Year from issue date
1
2
3
4
5
6
7
8
9
10
Interest, %
1.05
1.40
1.59
1.75
1.95
2.20
2.42
2.64
2.87
3.11
Average return per year, %*
1.05
1.22
1.34
1.44
1.54
1.65
1.75
1.85
1.96
2.06
* 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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