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NSI Index linked bond value not changing for 5 months??
Comments
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Probably the fact that you can’t take the money out for the term and cash ISA rates are looking much better.
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The two products are not really comparable, as after 3 years, one will probably have outperformed ( or underperformed) the other. However impossible to say in advance which one.
Ideally you should have both to hedge your bets.
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I'll be renewing mine if I can. Otherwise the funds will just end up in taxable accounts.
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3 maturing in May / Jun and will be part renewing all of them.
Never associate with idiots on their own level, because, being an intelligent man, you'll try to deal with them on their level - and on their level they'll beat you every time.
Being hated by idiots is the price you pay for not being one of them.
Jean Cocteau 1889-1963
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It would be worth considering whether index linked gilts would serve a similar purpose with better accessibility (albeit with some capital risk if accessed early) and a better real return than ILSC.
Most are low coupon and hence very tax efficient, but not entirely tax exempt.
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My ILSC matures the end of June - I'll roll it over if possible - just keeps my eggs out of one basket !!
Just worked out that expected annualised return is ~ 3.5% = 4.4% gross - not very impressive as it started as RPI + 0.5% in 2011 - looks like a chunk will be going into ISAs or elsewhere.
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I know I should be looking into gilts. Just a matter of finding the time and energy to read up and understand them.
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