Pensioner bonds

Pensioner Bonds on Sale

The new bonds available from National Savings & Investments (NS&I) went on sale today (15/1/2015). Technically called "65+ Guaranteed Growth Bonds", they have been dubbed "Pensioner Bonds" by the media. You need to be 65 years of age or older to purchase these bonds but they do offer a very attractive interest rate in comparison with current bank deposit rates. Interest is either 2.8% per annum for a one year bond, or 4% for a three year bond. The maximum that ...