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New NS Index-linked issues on sale 7th April
Sceptic001
Posts: 1,111 Forumite
From NS&I website:
NS&I (National Savings and Investments) is releasing new Issues of its Inflation-Beating Savings (also known as Index-linked Savings Certificates). The new Issues, sold in 3 and 5-year terms, will be available to savers from Wednesday 7 April 2010.
RPI + 1% (again) for both 3 and 5 year issues.
NS&I (National Savings and Investments) is releasing new Issues of its Inflation-Beating Savings (also known as Index-linked Savings Certificates). The new Issues, sold in 3 and 5-year terms, will be available to savers from Wednesday 7 April 2010.
RPI + 1% (again) for both 3 and 5 year issues.
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Comments
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Thanks for that, I'm waiting for a new issue. Do they normally pre-announce?0
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....thanks for that....would it be better to drip feed the £15k over twelve months (£1250 pm) and thus avoid the risk of risking just two set months rpi figures (12 months apart)...thanks ed0
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....thanks for that....would it be better to drip feed the £15k over twelve months (£1250 pm) and thus avoid the risk of risking just two set months rpi figures (12 months apart)...thanks ed
The amount you receive is adjusted monthly after the first year.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
It is unlikely that a particular issue will be around for 12 months. If too much money comes in The next issue may not be as attractive - on the other hand it may be more attractive.
The "two set months RPI figures" that matter are those when one invests and when one cashes in. The figure after 12 months doesn't matter unless cashing in then.
Note also that if cashing in after 12 months one gets RPI increase +0.85% (3-year issue) or +0.75% (5-year issue) not +1.00%.0 -
I am cautious in my savings and investment strategy. I buy NS&I Index Linked every month in amounts that will not take me over £15K a year and with the assumption that there will be at least one new issue each year.....thanks for that....would it be better to drip feed the £15k over twelve months (£1250 pm) and thus avoid the risk of risking just two set months rpi figures (12 months apart)...thanks ed
Other savings accounts are treated by me in the same way - I don't put all my eggs in one fixed rate account. So this means that I don't always get all my money in the top paying account. Equally, I don't get it all in the lowest account.
That's my style, without a crystal ball it's the best I can do.0
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