State Savings Certs, Qs

A

Andy_and_lou

Registered User
Messages
113
I've looked through best buys and wondering the following:

1. How much notice do you have to give before withdrawing?
2. Can you withdraw all money at once?
3. Will you loose all interest accrued or only some, how does that work?
4. How safe are they ie would you invest in them?

Thanks In advance
 
1) None/days.
2) It seems that you can withdraw all the money at once.
3) See below.


4) Your money is invested in the Irish national debt. Personally, I will not have my savings in the Irish national debt right now with default a real possibility. There are a few threads on this topic.
 
what happens in the case of default. Do you get some kind of asset/equity swap , discount or is it just on hold until recovery.
 
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