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NS&I Investments

The majority of my savings are in NS&I long term bonds.  Given the government's huge spending plans to deal with the Covid19 pandemic, are these savings in any way at risk?

Comments

  • Aminatidi
    Aminatidi Posts: 588 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    If you believe the Government will default I'd suggest there's much more to worry about than your NS&I bonds  :)
    I can't think of anywhere that could be considered safer.
  • Alexland
    Alexland Posts: 10,183 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    Your biggest risk is probably inflation. 
  • afis1904
    afis1904 Posts: 348 Forumite
    100 Posts First Anniversary Name Dropper
    Alexland said:
    Your biggest risk is probably inflation. 
    Karen on Facebook also told me that as part of the government, NS&I is also spreading 5G.
  • kuratowski
    kuratowski Posts: 1,415 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Alex is right, if all your savings are in NS&I the biggest risk is financial repression (where the government, directly or indirectly, holds interest rates lower than inflation for an extended period).
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