alwaysonit
Registered User
- Messages
- 137
What's your reasoning for assuming new rates?Who is expecting a new batch to be announced soon?
Are you expecting better or worse rates than the current issue?
From memory the new issues are usually released around bank holiday weekends - with one coming up and none having been released in a while I would not be surprised to see a release in the coming week.
The cost of market funding for the state has increased about 100bps over the last 18 months and generally state savings rates track this (with a lag).What's your reasoning for assuming new rates?
I've seen no predictions or advice on where deposit rates are heading from any of our soooooooo knowledgeable financial gurus.With deposit interest rates likely on an upward curve, I would not rush into any new purchase of the current issues. I have one savings cert maturing towards the end of June and will wait as late as possible before renewing.
What's your reasoning for assuming new rates?
But you did see that inflation is now at 8.1%? Obviously one of the measures to counteract inflation is raising interest rates. It is logical to consider that deposit rates would move in line with any increase.I've seen no predictions or advice on where deposit rates are heading from any of our soooooooo knowledgeable financial gurus.
Probably me, but why would they?It is logical to consider that deposit rates would move in line with any increase.
because the ECB is raising interest rates and stopping QE also the interest rates on irish government bonds has risen alot lately, i doubt the irish government would be able to deny "the little people" their rate riseWhy?
That would equate to a AER of 2.65%. Not sure they would be that generous just yet.Ecb rate rises two this year .25 each time .
So I would expect a 10 year state savings rate of around 30 percent by end of year
There's hope soEcb rate rises two this year .25 each time .
So I would expect a 10 year state savings rate of around 30 percent by end of year
That would equate to a AER of 2.65%. Not sure they would be that generous just yet.
Go on lads and girls, someone's paying you to keep us happy today. That's just ludicrous.Agree - I think going back to the 19% after 10 years level (at most) they had for quite a while, is more realistic by year end.
If inflation is hitting 7 or 8% a year, thats not very generous.That would equate to a AER of 2.65%. Not sure they would be that generous just yet.
You must have a big wad to shuffleAny updates about on a new issue??
I can neither confirm nor deny that allegationYou must have a big wad to shuffle
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