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Full Version: Post Office 1yr Bond 7.05%
House Price Crash forum > Investment > Cash ISA's and Savings Accounts
Crash Buyer
Fixed rate 1 yr bond paying 7% (no withrawals allowed). Provided by the Bank of Ireland.

Those rates just keep going up.

http://www.postoffice.co.uk/portal/po/jump...ediaId=19300235
UKguy1979
QUOTE (Crash Buyer @ Jul 11 2008, 02:31 PM) *
Fixed rate 1 yr bond paying 7% (no withrawals allowed). Provided by the Bank of Ireland.

Those rates just keep going up.

http://www.postoffice.co.uk/portal/po/jump...ediaId=19300235


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Its great at the moment, if you have spare cash you can put a side for a year go for it. Be aware that unlike bond terms by UK banks you cant with drawl your money under any circumstance. Early with drawl from a UK bank will mean you loose 3 months interest.
Kurt Barlow
QUOTE (UKguy1979 @ Jul 11 2008, 10:42 PM) *
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Its great at the moment, if you have spare cash you can put a side for a year go for it. Be aware that unlike bond terms by UK banks you cant with drawl your money under any circumstance. Early with drawl from a UK bank will mean you loose 3 months interest.



Just dropped £4K into one of these as an alternative to a lump sum payment off the mortgage. At present mort is a tracker at 5.05% and Im guessing rates will be heading south soon.
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