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Eligible Liabilities Guarantee

  • 28-08-2011 06:56PM
    #1
    Cute Hoor
    Registered Users, Registered Users 2 Posts: 1,788 ✭✭✭


    Just caught a bit of the Sunday Business Show on Today FM this morning, and there was some lass on talking about Eligible Liabilities Guarantee, where you got 12.75% per annum guaranteed on a minimum €50k over 3 years, did anybody else hear this or does anybody know anything about it.


Comments

  • #2
    soddy1979
    Registered Users, Registered Users 2 Posts: 284 ✭✭soddy1979


    Cute Hoor wrote: »
    Just caught a bit of the Sunday Business Show on Today FM this morning, and there was some lass on talking about Eligible Liabilities Guarantee, where you got 12.75% per annum guaranteed on a minimum €50k over 3 years, did anybody else hear this or does anybody know anything about it.

    Didn't hear it but my thoughts are if she could guarantee 12.75% per annum she would not have to advertise it.


  • #3
    Jayminato
    Registered Users, Registered Users 2 Posts: 53 ✭✭Jayminato


    Dont think the ELG is anything to do with paying you interest on deposits. Its the bank guarantee scheme on deposits over €100,000 as far as I know.


  • #4
    woodseb
    Registered Users, Registered Users 2 Posts: 877 ✭✭✭woodseb


    probably something to do with if you buy guaranteed irish bank debt i reckon


  • #5
    willietherock
    Registered Users, Registered Users 2 Posts: 1,005 ✭✭✭willietherock


    BOI have a 3 1/2 yr debt issue, 12.75% p/a interest rate.Gov gauranteed according to SBS on Today FM. :eek::eek:


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