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Stroud & Swindon BS
skoolmaster
Posts: 127 Forumite
3 YEAR FIXED RATE ESCALATOR BOND Issue 5 will be launched w.e.f. 25.6.08: a 3 year fixed term account maturing 5.7.11 with rates guaranteed to rise each year. A minimum investment of £2K (£5K for monthly option) pays 6.50% yearly (6.31% monthly) to 5.7.09, 6.75% (6.55%) to 5.7.10 and 7.25% (7.02%) to maturity. No earlier access or withdrawals permitted. Further additions whilst issue remains open.
24 Jun 2008
24 Jun 2008
Skoolmaster
Noblesse Oblige
shedful of passbooks and bonds
Noblesse Oblige
shedful of passbooks and bonds
0
Comments
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looks like they are expecting to have to pay investors 8.25% in the next year or so then.:rotfl:skoolmaster wrote: »...pays 6.50% yearly (6.31% monthly) to 5.7.09, 6.75% (6.55%) to 5.7.10 and 7.25% (7.02%) to maturity. No earlier access or withdrawals permitted. Further additions whilst issue remains open.
24 Jun 2008After the uprising of the 17th June The Secretary of the Writers Union
Had leaflets distributed in the Stalinallee Stating that the people
Had forfeited the confidence of the government And could win it back only
By redoubled efforts. Would it not be easier In that case for the government
To dissolve the people
And elect another?0 -
Stroud and Swindon have a 7.05% bond (that came out around last October) due to mature in August. They probably attracted lot of cash with that particular 'best buy' at the time. With these rates still being bested now (something no one expected) they may be trying to shore up their balances ahead of the expected exodus?.....under construction.... COVID is a [discontinued] scam0
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