It will carry the same terms as the exiting 10 year bond. It is expected to be priced at the same rate as it's 10 year equivalent, which is returning 4.1% before DIRT.
Full detail will be announced by the NTMA in January.
It will carry the same terms as the exiting 10 year bond. It is expected to be priced at the same rate as it's 10 year equivalent, which is returning 4.1% before DIRT.
External current account rather than another State Savings account. After 4 years it prevents you forgetting about the deposit by receiving the lump sum back!
Highly unlikely in my view. My thoughts here+1. Any saver in State Bonds is going to be hit in the budget - maybe by the removal of Dirt free interest or something like that.
+1. Any saver in State Bonds is going to be hit in the budget - maybe by the removal of Dirt free interest or something like that.
The Evening Herald on Monday had a large advert for State Savings and I have heard plenty of radio ads.
I was just looking at how much is in NTMA State Savings.
Dec 2010: 12,680 million
Dec 2011: 14,063 million
Jun 2012: 14,904 million
So, an increase of 841 million in the first 6 months of this year after an increase of 1383 million in the whole of 2011.
Also, the total has was 7,021 million in 2007 and 9,287 million in 2009.
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