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Osbourne's new savings scheme

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Comments

  • brambram
    brambram Posts: 183 Forumite
    My dad remembered the war savings certificates, he remembered that no one got their money back.
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    brambram wrote: »
    My dad remembered the war savings certificates, he remembered that no one got their money back.

    My understand is that there was no redemption date, so no obligation to redeem them. I understand that they have recently been trading close to par as their interest rate is very competitive, so he could sell them.

    Fixed Interest with a "good name" behind it seems to get the British public very excited. Let's just say that I didn't buy any Tesco's bonds.
    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.
  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    The title says it all.... (not too much to ask is it?)
    .....under construction.... COVID is a [discontinued] scam
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