Guaranteed Investment Bonds

Mikeyorks

I did say, somewhere in the depths of this thread, that I hoped it would run for a few years before the kick out triggered! I would like it to know that - at the 4 year point ...... I am now content!

But I'm beginning to think this is a GEB limbo dancer ........ as soon as the bar approaches - down it goes!

cepheus

6000 may prove to be a resistance point, it is unfortunate that the FTSE was above that level when the reference point was taken

cepheus

Here we are again, the Premier GEB annual thread. Can it stay above 6056 this time? 6089 at close today, more than 3 months to go yet though.

dunstonh

cepheus wrote: »

Here we are again, the Premier GEB annual thread. Can it stay above 6056 this time? 6089 at close today, more than 3 months to go yet though.

It would be a good result if it does. yours was the 12% p.a. version wasnt it?

cepheus

PLE37 is 16% pa

an 80% return in Year 5.

thelawnet

Anybody want to buy some FTSE puts?

cepheus

The FTSE 100 grey market finished around 6423 tonight. According to option prices the implied probability of finishing above the target price of 6056 by the 18th April is around 95% so it's likely that Premier GEB PLE37 will be paid out this year.

I'll be somewhat relieved if it does since I'm not convinced this rally is sustainable and more to do with QE than economic strength. Either way it looks promising.

darren72

cepheus wrote: »

The FTSE 100 grey market finished around 6423 tonight. According to option prices the implied probability of finishing above the target price of 6056 by the 18th April is around 95% so it's likely that Premier GEB PLE37 will be paid out this year.

I'll be somewhat relieved if it does since I'm not convinced this rally is sustainable and more to do with QE than economic strength. Either way it looks promising.

I'm in the PLE37 too, so fingers crossed - As you say, it looks very likely.

darren72

This is looking exceptionally likely now

Fingers crossed...

I was looking for something similar to take out once this pays out, but unfortunately there doesn't look to be anything that comes close to this - Unless anyone knows differently ?

Thanks

dunstonh

There is nothing close to this available at this time as far as quality of terms goes.