Saving certificate query ???

F

faolteam

Registered User
Messages
198
i had a saving certificate for nearly over 15 years and 6 months, but i recieved a letter the other day from aN Post, and they7 said that the national treasury manangemnet had decided not to extend the period for the certificate,

and they give u 3 options cash it in

or reinvest all or part in teh current 12th issue of saving binds or the 17 th issue of saving certificates details,

please note that the reinvestment of existing accounts on maturity of on maturity will be excluded for the purpose of calculating maxium investment limist except were the holder subsequently purchases pr seeks to purchase further saving bonds

any clues folks from what i can see its rfeally which i s best the 12th issue or the 17th issue,

thanks :)
 
What rates (APRs) are on offer? My understanding is that the rates on An Post/NTMA savings and investment products are not great and have not been competitive in years now. You will probably get a better return on deposit with a regular bank.
 
.Well i can tell u that i accumulated 163% interest in 15 years and 6 months

but the :

SAVING BONDS CURRENT 12th issue

guaranteed return of 10 % tax free over 3 year period

equivalent to an average annual rate of 3.23% if held for the full term

individuals may invest a mininmunm of 100 euro


SAVING CERTIFICATE CURRENT 17TH ISSUE

guaranteed return of 21 % tax free over 5year 6 MONTH period

equivalent to an average annual rate of 3.53% if held for the full term

individuals may invest a mininmunm of 50 euro


ANY IDEAS
 
Last edited:
You must log in or register to reply here.
Back
Top