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100k in Anglo Irish 1 yr bond
jingle68
Posts: 154 Forumite
Hi, i am 6 months into a 6.75% 1 year fixed rate bond with Anglo Irish Bank (UK branch). My deposit is £100k.
Is it too risky to let the bond run for the remaining 6 months? Should i close it, losing some interest & then split the £100k into smaller deposits of say £30k into various savings accounts with different lenders so i get full protection of my savings?
Any advice would be welcome.
Is it too risky to let the bond run for the remaining 6 months? Should i close it, losing some interest & then split the £100k into smaller deposits of say £30k into various savings accounts with different lenders so i get full protection of my savings?
Any advice would be welcome.
chaps £20k out KE 06/10 in A&L 06/10 same day
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Comments
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If it were me, I wouldn't, but then perhaps you know something about Anglo Irish that I don't. I probably should add that although I wouldn't touch it now, I would take the opportunity of splitting it upon maturity.Hope for the best.....Plan for the worst!
"Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown0 -
Can you name one bank or building society where depositors have lost money in the last 50 years?"The trouble with quotations on the Internet is that you never know whether they are genuine" - Charles Dickens0
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Can you name one bank or building society where depositors have lost money in the last 50 years?
Yes, Barings Bank collapse, caused by Nick 'rogue trader' leeson!chaps £20k out KE 06/10 in A&L 06/10 same day0 -
I believe Barings Bank was bought by ING who assumed it's liabilities, so no.Yes, Barings Bank collapse, caused by Nick 'rogue trader' leeson!Hope for the best.....Plan for the worst!
"Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown0
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