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Wednesday, 28 February 2018

Feb 2018 Singapore Savings Bonds - GX18030S

Issuance details - GX18030S

Bond ID
GX18030S
Amount available
$150 million
Issue date
1 Mar 2018
Maturity date(1)
1 Mar 2028
Interest payment dates(1)
The 1st interest payment will be made on 1 Sep 2018, 
and subsequently every six months on 1 Mar and 1 Sep 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 Feb 2018 
Closes: 9.00pm, 23 Feb 2018 
Results: After 3.00pm, 26 Feb 2018
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 Feb 2018, these channels 
will be open from 6.00pm to 9.00pm. CPF and SRS funds are not eligible.

This bond will be reflected as "SBMAR18 GX18030S" in your CDP statement and "CDP-SBMAR18" in your bank statement.

Interest rates

Year from issue date
1
2
3
4
5
6
7
8
9
10
Interest, %
1.42
1.55
1.73
1.92
2.08
2.23
2.38
2.53
2.69
2.87
Average return per year, %*
1.42
1.48
1.57
1.65
1.73
1.81
1.89
1.96
2.04
2.11
* 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.



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- wong chee tat :)