Dear readers, the result of August 2022 Singapore Savings Bonds is just out today.
A total of $2.4 billion (yes billion) of applications were received.
For which only $700 million were allotted.
Applicants who applied for $9,000 or lower were fully allotted, subject to the individual allotment limits.
Applicants who applied for $9,500 or higher were allotted either $9,000 or $9,500.
The high demand of Aug 2022 Singapore Savings Bonds surprised me. And so was the relatively modest amount allotted to successful applicants.