Google

ASEANAFFAIRS
Sign up | Log in

    ASEAN PROFILES

  ASEAN KEY DESTINATIONS

PR Today

Home >> Press Release


Oversubscription of Singapore Savings Bonds

Singapore, 29 January 2018… The Monetary Authority of Singapore (MAS) announced today that the Singapore Savings Bond (SSB) which was opened for application in January 2018 (SBFeb18) was oversubscribed. More than 6,300 investors submitted applications totalling approximately S$172 million, exceeding the issuance size of S$150 million. As a result of the oversubscription, some investors will not receive the full amount that they applied for.
2 The SSB allocation mechanism maximises the number of successful applicants, through the “quantity ceiling method” detailed on the SSB website (www.sgs.gov.sg/savingsbonds) and in Annex 1. Applicants who applied in January 2018 for S$41,000 or lower were given a full allocation, subject to the individual limits. Applicants who applied for S$41,500 or higher would receive S$41,000 or S$41,5001. Applicants that were not fully allotted should receive a refund to the bank account from which the application was made, in one to two business days from 29 January 2018.
3 The details of the next SSB will be announced on 1 February 2018. Interest rates for the coming issue would be based on the average yields of Singapore Government Securities (SGS) in January 20182. Individuals that wish to invest may submit applications from 6.00pm on 1 February 2018, to 9.00pm on 23 February 20183.
4 For more information, please visit the SSB website at www.sgs.gov.sg/savingsbonds or call the SSB hotline at 6221-36824. Individuals who are interested in receiving updates on the SSB programme and details of the next SSB issue may subscribe to the mailing list on the SSB website.
***
For media enquiries, please contact:
Jacqueline Ong
Deputy Director (Communications)
Tel: 6229-9159
Email: jacqueline_ong@mas.gov.sg



Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates
Contact: marketing@aseanaffairs.com

Comment on this Article. Send them to  your.views@aseanaffairs.com

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
 
or
submit your comment in the box below



  Today's  Stories                        January 30, 2018 
• Border trade increases  Subcribe: Asean Affairs Global Magazine
• Indonesia, Bangladesh agree to boost economic ties  Subsribe Now !
Peso falls to P51:$1 ahead of Trump address, US economic data
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

Inflation recorded at 0.73 percent in January
Solar Philippines eyes supply contract with Meralco
Asean Analysis                  October 27,  2017
• Asean Analysis October 27, 2017
Southeast Asia from Scott Circle: Indonesian Presidential Politics Begins to Heat Up 18 Months before Elections
Advertise Your Brand

Asean Stock Watch   January 29,  2018

• Asean Stock Watch-January 29, 2018
The Biweekly Update
• The Biweekly Update  October 27, 2017

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan

ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


Name

Name


Email

Email



1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand
asean@aseanaffairs.com