National Counties BS

bluesue1

I'm looking to open a 1 Year Fixed Rate Bond with National Counties, and noticed they dont have a 'Fitch' Rating.

Does anyone know why?

Are they a stable BS?

edwinac_2

bluesue1 wrote: »

I'm looking to open a 1 Year Fixed Rate Bond with National Counties, and noticed they dont have a 'Fitch' Rating.

Does anyone know why?

Because they are lucky! They are small enough to fly under the Fitch radar!

The Rating Agencies are a weapon of the international financiers.

The financier oligarchy works hand-in-hand with the agencies. They use their foreknowledge that a ratings 'downgrade' is about to be issued to position themselves, ready to loot a company.

On the flip-side, many of the problems in the markets today stem from the agencies assigning grossly inflated ratings to the quadrillions of dollars of toxic, unpayable and therefore worthless, asset-backed commercial paper - the CDOs and MBSs.

By doing this, the agencies deliberately helped to overheat the housing market.

The Treasury acknowledges this and has plans to regulate the ratings industry.

bluesue1

Thanks edwinac for your quick response.

It just seems that at the present time, when your looking for a place to put 'savings' not risky investments, any kind of rating to sort out the survivors is a good thing.

Is there any other research that you know of, that I can use to check them out?

barak

bluesue1 wrote: »

..... National Counties .....

Are they a stable BS?

Yes! I still have a Tessa/Toisa/now ISA with them. Just don't save more than £50,000 with them or anybody else!

johnoz

Hi, BlueSue1

I've had fixed rate bonds from them in the past, and have one running with them now.

Always been most efficient. No problems. You just need to catch them when they have a good rate on offer! And stay below £50K of course!

Hope this helps.

bluesue1

Thanks guys for your help.

I may as well go for it!