National Savings

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Discussion

simpo two

Original Poster:

87,119 posts

272 months

Thursday 26th May 2005
quotequote all
I just got a mailshot through for a Guaranteed Equity Bond from National Savings. It pays 125% of the FTSE 100 index over 5 years (presumably just 100% if it falls).

What do you think to that? What is our dear stockmarket likely to do over 5 years, or will the whole of Europe be bankrupt by then and we'll pushing wheelbarrows full of money through the ruined streets trying to find a bread queue?

Looks like Mr Brown is so hard up he's borrowing money from his own people - but will he be able to pay it back???