NS&I Recovery/Green Bond

Yellowvest23

With the forecasted announcement of a recovery / green bond from NS&I at what interest rate over let's say 3 years fixed would you be willing to buy into it? And at what rate do you think they will set it,given they have virtually no competition if they go near 1%

eskbanker

Maybe worth appending the question to the existing thread?

https://forums.moneysavingexpert.com/discussion/6246161/ns-i-green-bonds

RG2015

Yellowvest23 said:

With the forecasted announcement of a recovery / green bond from NS&I at what interest rate over let's say 3 years fixed would you be willing to buy into it? And at what rate do you think they will set it,given they have virtually no competition if they go near 1%

They might offer 1% but it would not tempt me for a three year fix. Although it is highly improbable, I would need 2% for three years.

The other thing you haven't mentioned if a maximum holding. It is possible that they would go for a limit of £3,000 per customer. That might allow a higher rate.

DeeSpare

Hello there. This is my first post. I just wondered if anyone had a clue /insight /hunch into when they might be available? Initially the site said ‘end of summer’ but that now says ‘later in 2021’. Hope they offer something decent now interest rates are creeping up. 

janusd

DeeSpare said:

Hello there. This is my first post. I just wondered if anyone had a clue /insight /hunch into when they might be available? Initially the site said ‘end of summer’ but that now says ‘later in 2021’. Hope they offer something decent now interest rates are creeping up. 

I would imagine that there would be an announcement during the Autumn Budget on 27 October (4 weeks today and a week before COP26).

Zanderman

DeeSpare said:

Hello there. This is my first post. I just wondered if anyone had a clue /insight /hunch into when they might be available? Initially the site said ‘end of summer’ but that now says ‘later in 2021’. Hope they offer something decent now interest rates are creeping up. 

Probably also, as suggested in the second reply to this thread back in March, looking at the pre-existing thread about this - which is here:  https://forums.moneysavingexpert.com/discussion/6246161/ns-i-green-bonds

eskbanker

Zanderman said:

DeeSpare said:

Hello there. This is my first post. I just wondered if anyone had a clue /insight /hunch into when they might be available? Initially the site said ‘end of summer’ but that now says ‘later in 2021’. Hope they offer something decent now interest rates are creeping up. 

Probably also, as suggested in the second reply to this thread back in March, looking at the pre-existing thread about this - which is here:  https://forums.moneysavingexpert.com/discussion/6246161/ns-i-green-bonds

There was also a later thread in the summer when some sketchy 'details' were published:

https://forums.moneysavingexpert.com/discussion/6279397/ns-i-green-savings-bond/p1