National Savings & Investments (NS&I) Guaranteed Equity Bond

now3d

Anyone else got an NS&A Guaranteed Equity Bond? Issue 19 is up for grabs now.

My Issue 9 Bond is maturing, and it has not received nay return. Basically I just get my 2000 back again, after them having it for 5 years.

I wish they would at least couple it with a guarantee of keeping pace with inflation.

With the FTSE 100 at 5000 now.. it is a good time to get Issue 19 though! FTSE will surely be at 7000 after the recovery in 5yrs time.

Cheers, Jon

JoeCrystal

How do you know? You seen what happened with your old GEB issue... What if the stock exchange have not recovered in five years time? Or even crash again?

Well, there is a NS&I way for you to tie your capital to RPI and that is Index-Linked Saving Certificates.

So you are actually hope that the FTSE level on 7th December 2014 will be higher than on 8th December 2009... And you cannot even access the money in that time as well...

Still, I guess since you did GEB Issue Nine that you can afford to leave it there...

Good luck still. :beer:

john_s_2

If the capital guarantee was pegged to RPI (say) then they would need to reduce the share of any rise in the FTSE.

jem16

now3d wrote: »

My Issue 9 Bond is maturing, and it has not received nay return. Basically I just get my 2000 back again, after them having it for 5 years.

Now you know why the common advice from just about everyone on this forum is not to touch GEBs with a bargepole!

They are basically cash cows for the provider.