Some readers might know that I run a parallel blog at (The) Boring Investor’s Statistics that shows some of the investment statistics that I monitor on a regular basis. One of these statistics is a forecast of the interest rates of the Singapore Savings Bonds (SSBs) to be announced in the upcoming month. The interest rates for the SSB to be announced in the following month is based on the average yield (i.e. interest rates) of the Singapore Government Securities (SGS) benchmark bonds in the current month. As an example, the SSB to be announced in Nov (and issued on 1 Dec) is based on the average SGS yields in Oct. The SSB that is available for subscription in Oct, however, is based on the average SGS yields in Sep. Thus, by comparing the average SGS yields for Sep and Oct, you can assess whether you should apply for …