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Important- People's Growth Bond Issue 7
vigman
Posts: 1,395 Forumite
My friendly local Post Office has just told me that their People's Growth Bond Issue 7 will be withdrawn on Monday 13th!!
Get in now, if you don't mind it being held by the Bank of Ireland:D
Vigman
Get in now, if you don't mind it being held by the Bank of Ireland:D
Vigman
Any information given in my posts or replies is intended to be of interest and/or help to members of the forum. I cannot guarantee that this is accurate or up to date.
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And if you don't mind your money being in limbo for several months while they open the account.0
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It is/was 6.75% fixed and the bond started at the date of cheque clearance??
It was withdrawn because it was too popular......
VigmanAny information given in my posts or replies is intended to be of interest and/or help to members of the forum. I cannot guarantee that this is accurate or up to date.0 -
This was published yesterday on eMoneyfacts.My friendly local Post Office has just told me that their People's Growth Bond Issue 7 will be withdrawn on Monday 13th!Post Office®
1, 3 and 5 Year GROWTH BONDS Issue 7 paying 6.75%, 6.00% and 6.00% respectively will be withdrawn w.e.f. close of business 13.10.08.0 -
It is/was 6.75% fixed and the bond started at the date of cheque clearance??
It was withdrawn because it was too popular......
Vigman
Yes they will backdate interest to day of initial deposit clearance, I deposited into the previous 6a issue on 15th August and they still haven't opened the account yet, so I cancelled it yesterday.
Good luck to those with Issue 7!0 -
Yes they will backdate interest to day of initial deposit clearance, I deposited into the previous 6a issue on 15th August and they still haven't opened the account yet, so I cancelled it yesterday.
Good luck to those with Issue 7!
Are National Savings and Investments as slow to open accounts as The Post Office (Bank of Ireland)?? I'm interested in the NSandI Index Linked Savings for my daughter who can lock the money in for at least 1 year.
TIA
VigmanAny information given in my posts or replies is intended to be of interest and/or help to members of the forum. I cannot guarantee that this is accurate or up to date.0 -
Are National Savings and Investments as slow to open accounts as The Post Office (Bank of Ireland)??
No. They are totally unrelated.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
How long did it take to get the money back from the post office?0
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