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Newcastle BS FRB POSTAL 6.80%

skoolmaster
Posts: 127 Forumite
Newcastle BS
FIXED RATE POSTAL BOND (Issue 2) will be launched w.e.f. 18.6.08: a fixed term postal operated account maturing 28.8.09 with a minimum investment of £5K paying 6.80% yearly. Access permitted on up to 25% of initial investment without notice or loss of interest. Additions permitted whilst issue remains open. New money to the institution.
17 Jun 2008
FIXED RATE POSTAL BOND (Issue 2) will be launched w.e.f. 18.6.08: a fixed term postal operated account maturing 28.8.09 with a minimum investment of £5K paying 6.80% yearly. Access permitted on up to 25% of initial investment without notice or loss of interest. Additions permitted whilst issue remains open. New money to the institution.
17 Jun 2008
Skoolmaster
Noblesse Oblige
shedful of passbooks and bonds
Noblesse Oblige
shedful of passbooks and bonds
0
Comments
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Does the access to 25% of the cash allow an operating balance below the MOB I wonder? If it doesn't then you have to deposit 133% of £5K
[Useful feature, however].....under construction.... COVID is a [discontinued] scam0
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