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

talexuser

I agree, and that works out at 3.1% over 54 months? But the latest deflation figures will drag down the last months?

polymaff

talexuser wrote: »

I agree, and that works out at 3.1% over 54 months? But the latest deflation figures will drag down the last months?

If you accept the data, the compound rate for the 48th issue is about 2.95% per annum. In reality it is about 2.90%

RPI is still positive (0.70% annual rate for October) but, yes, the final redemption figure will be dragged down to about 2.7%.

By the way, do note that there were two 5-year ILSCs on sale during May 2011, the pre-12th May certificates delivering a greater coupon. With the RPI being so low recently, that extra coupon makes the earlier certificates significantly more valuable.

redmalc

I put 15K in for 5 years from 11th May 2011 and the new figure is £17482.50, still better than the bank

polymaff

redmalc wrote: »

I put 15K in for 5 years from 11th May 2011 and the new figure is £17482.50, still better than the bank

Well done you for getting in on the last day of the 47th issue

redmalc

Polymaff I cannot take any credit it was by accident

Wurly

I bought into the 48th issue as well, mine was 6th Sept 2011. The lastest figure is not so good and i'm thinking of cashing them in. The value is £16890 according to the calculator.
How can i work out the redemption figure? or is this the amount i get?

veryintrigued

Calculator updated


A rise of 0.17% from last month I get.

Clairlex

Hi I'm new here and very excited to have found you all, I did not realise there was a a calculator on the nsi site.

Thanks for the information

veryintrigued

Bumping this up in advance of todays latest inflation figures.

veryintrigued

Calculator updated

I get 0.35% up from last month.

14.6% growth so far.

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