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NS&I Index linked savings certificates
vaporate
Posts: 1,955 Forumite
Any guesses/clues as to when they will be back on sale?
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I guess 15 May 2012, or thereabouts
We shall be much clearer after the Governments requirements for funding from NS&I are announced, most likely in the detail of the Chancellor's budget next month.0 -
I guess 15 May 2012, or thereabouts
We shall be much clearer after the Governments requirements for funding from NS&I are announced, most likely in the detail of the Chancellor's budget next month.
Many thanks.
Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
Pardon my ignorance but if Quantative Easing means the Government buying up government bonds and putting cash into circulation does this not mean that the Government will not want to mop up funds that are in circulation to put into its coffers again?0
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I'll guess when inflation goes down and they don't cost so much !0
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But the Treasury sells bonds every fortnight even while the Bank is buying them.Pardon my ignorance but if Quantative Easing means the Government buying up government bonds and putting cash into circulation does this not mean that the Government will not want to mop up funds that are in circulation to put into its coffers again?
National Savings is political. It's about tax breaks for higher-rate taxpayers, hiding behind grannies with their £5 in premium bonds and £500 in a passbook.
With Bank Rate set to stay low indefinitely and the Tory press running screaming headlines about the annuity disaster, the government is going to have to do something for Tory boomers soon."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
It seems that I was right (perhaps for the wrong reasons!)
NS&I's "2012/13 target is to deliver £0 Net Financing"
"NS&I has confirmed that its popular Index-linked Savings Certificates will not be returning this year." or at least it is "highly unlikely".
http://www.telegraph.co.uk/finance/personalfinance/savings/9209004/Highly-unlikely-NSandI-will-bring-back-inflation-linked-savings-certificates.html0 -
It's a shame we won't be seeing more ILSCs this year, but it does make juggling some of my instant access cash easier if I don't have to budget for these. I hate missing out on them, but the window is often tight nowadays, which means leaving cash hanging around "in wait".I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
If you're willing to fix your ISA for 2 years you'll get 4% anyways, I can't see certificates bought in the near future beating those by much, if at all.“I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse0
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If you're willing to fix your ISA for 2 years you'll get 4% anyways, I can't see certificates bought in the near future beating those by much, if at all.
It's always a bit of a juggle but I hold these cash (and cash like) pots as part of balanced portfolios, so the job of the cash is to "tread water" more than anything else.
As my fixed term cash is maturing, I'm rolling it into general equities and (increasingly) infrastructure companies such as HICL, JLIF and BBGI,I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Somebody has lost the plot. These things were invented to help savers, not to raise money. Just the sort of thing that the Treasury Select Committee is talking about today."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0
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