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Ads
Wednesday, 1 November 2017
Nov 2017 Singapore Savings Bonds - GX17120W
Issuance details - GX17120W
Bond ID |
GX17120W
|
---|---|
Amount available |
$150 million
|
Issue date |
1 Dec 2017
|
Maturity date(1) |
1 Dec 2027
|
Interest payment dates(1) |
The 1st interest payment will be made on 1 Jun 2018,
and subsequently every six months on 1 Dec and 1 Jun 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 Nov 2017
Closes: 9.00pm, 27 Nov 2017 Results: After 3.00pm, 28 Nov 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 1 Nov 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 "SBDEC17 GX17120W" in your CDP statement and "CDP-SBDEC17" in your bank statement.
Interest rates
Year from issue date
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
10
|
---|---|---|---|---|---|---|---|---|---|---|
Interest, %
|
1.26
|
1.52
|
1.68
|
1.82
|
2.02
|
2.26
|
2.50
|
2.73
|
2.97
|
3.19
|
Average return per year, %*
|
1.26
|
1.39
|
1.48
|
1.57
|
1.65
|
1.75
|
1.85
|
1.95
|
2.06
|
2.16
|
* 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?
- wong chee tat :)
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