I see a UK bank is offering a 7.76% Fixed rate bond that European customer, the prospectus says it's ideal for 1 or 2 year investment. Apparently up to €100k will be protected by the Financial Services Compensation Scheme and an initial investment can be as low as €10k.
I see UK government will tax income arising from the bond so I was wondering do we in Ireland have a double taxation agreement that will cover this?
Plus is are there are any other implications that I should be aware of ?
Has anyone done this type of investment before whilst living in Ireland?
@whiz
Where did you get your hands on the prospectus?
Apart from anything else, it's denominated in USD. Was fully subscribed on issue last November, and minimum investment was $200k.
Warning: This turns out to be a scam Citigroup have the following offering closing 28th feb for fixed term deposit invest 20k for 1 year the rate would 3.75% P.A net of DIRT. Has anyone used Citigroup in Dublin before? seems like a very good return for 1 year term compared to current offers