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NSI Index Linked Certificates move to CPI

2

Comments

  • londoninvestor
    londoninvestor Posts: 1,351 Forumite
    Sixth Anniversary Combo Breaker
    longleggedhair wrote: »
    Renewed mine last year for the 5 year term, I'd be gutted had my renewal date been next June.

    Guess what month mine expire in...ah well!
  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    badger09 wrote: »
    Typo?

    Current issues are paying 0.01%.

    Well done. You've entirely missed the point.
    ffacoffipawb wrote: »
    Wishful thinking.

    And another one.
    Free the dunston one next time too.
  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    polymaff wrote: »
    Not even consistent.

    "Index-linked gilt payments will continue to be linked to the RPI."

    You might almost think that the laws governing these things is different.

    Is everybody half-sloshed on Friday evenings?
    Free the dunston one next time too.
  • traineepensioner
    traineepensioner Posts: 329 Forumite
    Part of the Furniture 100 Posts
    Economic wrote: »
    CPI is a 'less generous', but more accurate measure of inflation!

    Ahh, so when the government is collecting money, such as student loans & rail fare increases, then the RPI is an appropriate measure...
    but when the government is paying out money, pensions, tax credits, benefits and loans (bonds) then the CPI is the index of choice.

    The hypocrisy stinks! :mad:
    No longer trainee :o
    Retired in 2012 (54) :)
    State pension due 2024 (66) :(
  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    kidmugsy wrote: »
    Is everybody half-sloshed on Friday evenings?

    I was. I get it now :P
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • Herbalus
    Herbalus Posts: 2,634 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    I would advise some element of gratefulness that these are still going for existing customers.

    Even with the lower rate there are many that would bite somebody's hand off to get them. I hadn't come across these before and mildly disappointed that they went off sale in 2011.
  • badger09
    badger09 Posts: 11,814 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    kidmugsy wrote: »
    Well done. You've entirely missed the point.



    And another one.


    When making ironic/sarcastic comments on this forum, it is customary to include an emoji. This avoids misinterpretation of apparently serious posts;)
  • dividendhero
    dividendhero Posts: 2,417 Forumite
    polymaff wrote: »
    Not even consistent.

    "Index-linked gilt payments will continue to be linked to the RPI."

    Gilts aren't held by the little people
  • polymaff
    polymaff Posts: 3,958 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The ONS have been rubbishing CPI for some months - rather like they've been rubbishing RPI for some years.

    So why didn't NS&I choose the latest WunderIndex, CPIH?

    Oh wait, it is currently higher than CPI... :)
  • CityOwl
    CityOwl Posts: 64 Forumite
    Fourth Anniversary 10 Posts Combo Breaker
    longleggedhair wrote: »
    Sad but not surprised.

    https://www.bbc.co.uk/news/business-45993120
    Thank you, so glad I took the 5 year option when they can up for renewal in 2016 :grin:

    Wonder what 2021 will hold, its going to be an interesting couple of years till then
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