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The Nation: 3.6% bonds target senior citizens The Nation: 3.6% bonds target senior citizens

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Old 27-03-2008, 23:00
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The Nation: 3.6% bonds target senior citizens
Finance Ministry launches risk-free savings option

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Old 28-03-2008, 07:03
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Risk-free government bonds are now an attractive option for senior citizens who are 55 or older and looking for a safe-haven investment offering a coupon rate of 3.6 per cent per annum.

Hummmm .... 3.6% when inflation is something >6%p.a. - very nice (NOT)
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