The National Treasury Management Agency have cut the interest rates on most of the State Savings products – from Prize Bonds to National Solidarity Bonds. The rate cuts range from 0.35% to 0.95% on the AERs that were available on the previous issues of these products. See our updated list of the Best Fixed Rates […]
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Solidarity Bond attracts €34 Million in first month.
According to a written reply given by Brian Lenihan – the National Solidarity Bond – by Friday 11 June, had attracted investments of €47 million from 1,800 customers. That is an average of just over €26,000 per customer The government launched the Solidarity Bond in May 2010 – and it provides a 50% gross return […]
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Solidarity Bond Will Not Double Your Money
According to the Irish Times today in this article about the new Solidarity Bond – ” An individual who invests the minimum sum of €500 will almost double their money, earning a net return of €475.” I hope Irish Times readers realise this is an error and don’t all rush out to buy the new […]
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