Thursday, 5 November 2009

National Savings Goodies

3.95% 1-year bond from NS&I. By a long chalk this is the best 1-year rate on the market. If I was a cynic I'd say the government is a bit desperate for funds...
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2 comments:

  1. Doctor FTSE23 November 2009 at 03:27

    Right on! You would have to go out as far as 2025 to get a better Gross Redemption Yield on a UK Gilt. The bond you suggest . . interesting, but presumably not "tradeable" and a penalty if you want to cash in early? BTW, your blog talks sense about money. I check out bloggers whose profies claim an interest in "money" Most of them never mention money in their posts except to tell us how much they paid for the shoes, bling, hairdos etc. Now see my blog headers . . .

    Good wishes

    ReplyDelete
  2. UberGrumpy24 November 2009 at 00:25

    You can cash it in without loss, amazingly, with 30 days' notice. Bonkers eh?

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