I am thinking of investing a small lump sum into an posts 10 year National Solidarity Bond but have one or two queries that hopefully someone can help with. I am risk averse and the only risk i can see with this venture would be Ireland unable to pays it debts(in the future) and thus wont be able to get the money out. Has the new EU bailout plan illiminated this risk? Also, i dont envisage using this sum until the 10 years is up as it fits perfect with potential college fees etc, but what are the penalties if you withdraw early. I know you just dont get the Bonus's planned at the various staged but i saw somewhere that they said there was severe interest penalty's for early withdrawal.. Is this correct??