For your long term savings why not consider our State Savings™ 10 Year National Solidarity Bonds.
Key features:
Gross return of 50% over 10 years on your investment (Gross AER 4.14%)
• Comprises 10 annual interest payments of 1%, subject to the prevailing DIRT rate, plus a tax free bonus of 40% after 10 years (Net return 47.00%, net AER 3.93%)
10 year term
Fixed rate of return
Early encashment bonus
• After 5 years – 10%
• After 7 years – 22%
Maturity Bonus of 40%
Early encashment and maturity bonus Tax Free to Irish residents
No fees, charges or commission
Min purchase €100
Maximum purchase €250,000 per individual.
• €500,000 from 2 persons jointly or €750,000 from 3 persons jointly, subject to individual maximum holding.
Statement of account issued January and July each year
Access to your money at any time subject to 7 days notice.
Interest is calculated on an annual basis based on the value in the bond on the anniversary date.
• The annual 1% interest is paid into a linked State Savings Account and can be repaid directly to you.
• No interest is paid on amounts repaid between anniversary dates.
Notification of the maturity of National Solidarity Bonds will be issued in advance setting out options for reinvestment in State Savings™ products or repayment.
Terms and conditions apply.