One of the after effects of the government is that with a viable product for the consumer masses, with a limited money supply, the competition will be more.

Straits Times today tallied how the banks are offering higher fixed deposit rates in light of this competition from SSB.

Looks attractive and affordable.

Compare this to the prevailing SGS Bonds yield to maturity:

The fixed deposit come in competition with the sgs bonds in the 1.1 years range, which is roughly 0.66%. Looks like they are upping it.

But like what analysts say, they may be trying to offer so much more that folks forget what is good about the Singapore Savings Bonds.

From the table you can see that the rates for the 9-10 year duration have moved up! it was 2.3% a few months ago. Now its 2.6%.

This is in …