INBS fixed bonds and govt guarantee

soy

Registered User
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701
Can anyone confirm if the INBS fixed rate Bonds are covered by the Govt Guarantee?

I had assumed they were, but talk of letting shareholders/bond holder be wiped out if bank goes under got me thinking that because they provide shareholder status to the investor, they might be treated differently to normal deposits.
 
All INBS 'bonds' which are term deposits are 100% state guaranteed until September 30th 2010.

When does your term deposit mature?
 
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