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NS&I investment

I have NS&I growth fund maturity in mid May.I am interested in their Green Bond but no information available as yet.If I leave my Bond it is fixed for another 12 months at low low rate.
Why don't NS&I allow you to transfer to Green Bond or withdraw at that point. 
I'm  going to have to move my investment  otherwise? 

Comments

  • ColdIron
    ColdIron Posts: 10,019 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    That's how fixed term bonds work, the term is fixed. You could move it to a Direct Saver at 0.15% (or your nominated bank) in the meantime
  • kuratowski
    kuratowski Posts: 1,415 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 5 May 2021 at 10:10AM
    Without further details from NS&I it is all speculation.  We don't know when it will go on sale ("Later in 2021" could mean anything) or for how long or how much you will be able to save.  Do you have premium bonds?
  • abundantearth
    abundantearth Posts: 13 Forumite
    Part of the Furniture First Post Combo Breaker
    There must be a lot of folks ,like me with these fixed bonds ,just hoping they pick this up and give us chance to invest , instead of going through pain of moving my investment. Lets see if martin picks it up and get them to see sense
  • eskbanker
    eskbanker Posts: 38,022 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    There must be a lot of folks ,like me with these fixed bonds ,just hoping they pick this up and give us chance to invest , instead of going through pain of moving my investment. Lets see if martin picks it up and get them to see sense
    I think you may overestimate (a) Martin Lewis's influence and (b) his likely level of interest in a niche scenario of little relevance to most!
  • Zanderman
    Zanderman Posts: 4,919 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    There must be a lot of folks ,like me with these fixed bonds ,just hoping they pick this up and give us chance to invest , instead of going through pain of moving my investment. Lets see if martin picks it up and get them to see sense
    eskbanker said:
    There must be a lot of folks ,like me with these fixed bonds ,just hoping they pick this up and give us chance to invest , instead of going through pain of moving my investment. Lets see if martin picks it up and get them to see sense
    I think you may overestimate (a) Martin Lewis's influence and (b) his likely level of interest in a niche scenario of little relevance to most!
    And also overestimating the attention Martin pays to this forum - which I doubt is very high on his to-do list.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    There must be a lot of folks ,like me with these fixed bonds ,just hoping they pick this up and give us chance to invest , instead of going through pain of moving my investment. Lets see if martin picks it up and get them to see sense
    Green bonds aren't due until the summer. That was the announcement in the budget. 
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