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Fixed rate bonds

Any chance of these paying 4% plus in the next few months?

Comments

  • Albermarle
    Albermarle Posts: 30,372 Forumite
    10,000 Posts Seventh Anniversary Name Dropper

    The proposed prize freeze on energy, will reduce inflation and the need for the Bof E to raise rates as aggressively. If that theory is right, then you might be waiting a while for 4% savings rates, especially 4% + ones. 

  • wiseonesomeofthetime
    wiseonesomeofthetime Posts: 2,593 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 6 September 2022 at 3:50PM
    We are only 0.5% away from a 1 Year Fixed Term rate of 4% atm, so maybe not have to wait too long for that imo.

    Any higher? 🤷‍♂️ Crystal ball time.
  • Krakkkers said:
    Any chance of these paying 4% plus in the next few months?
    Do you mean fixed rate savings accounts?

    Bonds are available with coupons (annual % interest) far in excess of 4% already - banks are 12+%, Gilts up to 6% etc.
  • wmb194
    wmb194 Posts: 5,751 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Krakkkers said:
    Any chance of these paying 4% plus in the next few months?
    Do you mean fixed rate savings accounts?

    Bonds are available with coupons (annual % interest) far in excess of 4% already - banks are 12+%, Gilts up to 6% etc.
    I don't see normal gilts at 6% yet. I presume you're talking about index linked?



    https://markets.ft.com/data/bonds
  • Krakkkers
    Krakkkers Posts: 1,329 Forumite
    1,000 Posts Third Anniversary Name Dropper
    No I meant fixed rate savings accounts.
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