Index linked certs

coyrls

Or doe in the case of Richard Desmond.

Stubod

..yep, check ours every month and for the last 4 months they have gone down / stayed roughly the same, as per above just the way it is calculated....still intend keeping them and renewing as and when.

AnotherJoe

bowlhead99 said:

AnotherJoe said:

How can the price of these go down?  Not that i ever bother looking at mine.

If the price of a loaf of bread was £1 when you made the investment and it is now £1.20, your projection is that when the bond matures it will be giving you 20% profit. However next month the bread might be £1.19, so you are on course for the bond to mature with only 19% profit instead.  There is no other way to show that than 'the price going down', but of course £1.19 for bread might still be more than the £1.10 for bread last year or the £1.00 for bread at the time you last renewed the bond.

Just shows its pointless looking at it per month then.