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National Solidarity Bond

  • 24-02-2010 11:40am
    #1
    RoadKillTs
    Closed Accounts Posts: 1,710 ✭✭✭


    Anyone have any info on the above?
    Thought it would have been launched already. Will be interesting to see what the rates and terms will be like.

    I know it won't be as generous as the SSIA but at the same time it needs to be generous enough to get people to invest.


Comments

  • #2
    [Deleted User]
    Posts: 281 ✭✭ [Deleted User]


    I think that we are just waiting on NTMA to issue the details. I would be concerned that it may not amount to much due to the delay, but this is pure speculation on my behalf.


  • #3
    Ogham
    Registered Users, Registered Users 2 Posts: 1,844 ✭✭✭Ogham


    Details out today - not looking great. 1% basic with bonuses giving a max of 50% over 10 years.
    Some more info here http://www.moneyguideireland.com/national-solidarity-bond.html


  • #4
    Chatterboxmoira
    Registered Users, Registered Users 2 Posts: 33 ✭Chatterboxmoira


    As this bond doesn't give great returns, where's the best place to invest 50-100 euro per month. I missed out on the SSIA's as wasn't living here at time but many friends did well at maturity. I was looking for something similar but it looks like the bond isn't it...Any suggestions. Most savings accounts I've looked at want minimum of 3000euro and I I'll be starting with 25-50.


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