Yep, we use the same custodian bank as Goodbody. $2 Trillion in custody assets and tested to destruction when Bloxhams blew up in an accounting fraud.+1
GoodBody Ts&Cs actually state that you can choose to be the registered owner but when I put this to them they said not for the government bond. I am an investor novice so I asked a friend who is big into investments and he assures me that there is zero (as near as makes no difference) risk with Nominee Accounts. I would be interested in the views of others on this issue.
Not as risky as equities. As risky as deposits but paying at least 1% p.a. more. I don't think inflation linked deposit/bonds are available here but if they were you would have to pay at least that 5% premium for the "insurance"I thought D of M and Marc were conservative. Does the risk of 5% + inflation over the next few years not make these very risky ?
Although probably unlikely, it might still be possible that the current discussion around harmonising tax rates on different types of investments could affect this.CGT-free gain
Have you looked at Interactive Brokers? I believe they have a large selection, although most Irish government bonds do not seem to be available.Are there any other online low-cost platforms offering a wide range of sovereign and corporate bonds?
Hi Protocol,I just purchased on DeGiro.
It's a bit unclear, as it quoted the price as €91.20, okay so I ordered 55 of them, thinking this would cost about 5k.
However, the cost was 50 euro.
It turns out the €91.20 price is really 0.9120, it seems.
So I ordered twice. The purchase commission is 3 euro.
There will be an annual fee of 2.50, as these are held in Frankfurt.
View attachment 7472
Search for IRLAND.Hi Protocol,
can I ask how you managed to buy on DEGIRO?
I tried yesterday and couldn’t get anywhere.
Best,
Opus2018
No CGT on any capital gains on Irish Govt Bonds.From reading this thread it is still unclear to me if, for an Irish resident, CGT is payable if you sell an Irish Government bond prior to maturity?
Hi Protocol,Search for IRLAND.
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