I am an advocate for pb's but after this the game is up, it just might be time to look at that villa somewhere sunny.
I am an advocate for pb's but after this the game is up, it just might be time to look at that villa somewhere sunny.
watch out for cuts on August bank holiday with Savings rates I would hazard a guess.
I am an advocate for pb's but after this the game is up, it just might be time to look at that villa somewhere sunny.
The nearest term Irish government Bond matures in October and is yielding -50bp. Yes that's right. You would need to pay the Irish government .5% p.a. to keep your money safe, or at least as safe as the Irish government. So in a sense NTMA are paying about 1% over the odds for Prize Bonds.If you where to look at the Prize bond fund as an Interest only loan to the state, what rate should they be paying ??
So in a sense NTMA are paying about 1% over the odds for Prize Bonds.
Yeah, possibly. Normally the NTMA change all State Savings rates at the same time. Maybe the NTMA wanted the prize bond rate changed before August and the others will wait till the bank holiday. Either that or the NTMA have chosen to only change the prize bond rate.
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