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iBond allocation announced

August 05, 2015

Subscription and allocation results for the fifth inflation-linked iBond were released by the Monetary Authority today.

 

A total of 597,895 valid applications were received for more than $35.7 billion in principal amount of bonds.

 

All valid applications will be allocated one unit of bond first.

 

Among the 573,376 applications for two or more units, 402,105 will be allocated one additional unit after a ballot.

 

The iBond will be issued on August 7 and listed on the Stock Exchange on August 10. The final issue amount is $10 billion.



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