NS&I 5 year index linked saving certs 2011 issue - half way point!

gadgetmind

The problem is that HMG can borrow cheaply on the open market so doesn't really need to borrow from the public.

veryintrigued

Bump for tomorrow

veryintrigued

So the UK has fallen into deflation. Be interesting to see how this shows in the 4 year NS&I rough valuation which will probably be updated later today:


http://www.nsandi.com/ilsc-calculator


PS Ive changed the title of this thread from 'half way point' to 'four year point'

redmalc

My parents have 15K in the NS&I 5 year investments currently advising worth £17,148,00.
I am not sure what to do with them ,they do not need the cash at the moment,any advice please

kidmugsy

redmalc wrote: »

My parents have 15K in the NS&I 5 year investments currently advising worth £17,148,00.
I am not sure what to do with them ,they do not need the cash at the moment,any advice please

If they wouldn't know what to do with the money if they extracted it, it might be as well to leave it where it is. It's insurance against inflation turning upwards again. Or, they could split their risks and take part out. Do they have a good cash sum put by for emergencies?

veryintrigued

veryintrigued wrote: »

http://www.nsandi.com/ilsc-calculator

So the calc has been updated and I get 12.84% over 4 years i.e. an average of 3.21% per year.

masonic

It's good to see a monthly gain of 0.35% and RPI finally back above its previous October high.

schiff

In case this may be of interest. I've just cashed in my 5-year ILSC. The overall flat rate of interest is 4.456% per annum.

I've monitored its value from time to time during the period and these are the figures:

at the 24 month stage 5.832% per annum
at the 31 month stage 5.288% per annum
at the 51 month stage 4.866% per annum
at the 56 month stage 4.727% per annum

So it does fluctuate and not always in the direction you want it to. The rate actually earned is of course very satisfactory.

veryintrigued

In advance of the calculator update on Tues.

The June figures meant that over 4 years and 1 month I calculated an increase of 13.15%.

I make that 3.22% per year.

veryintrigued

The calculator has been updated.


Looks to be a 0.5% decrease from last months value.


The July figures meant that over 4 years and 2 month I calculated an increase of 12.62%.

I make that 3.02% per year.