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NS&I Green Bonds
Oct. 27th, 2021 03:40 pmThe details for NS&I Green Bonds are now on line
https://www.nsandi.com/products/green-savings-bonds
It's 0.65% gross/AER, fixed for 3 years, with no withdrawals until the period ends, which isn't a wonderful deal but given the state of the economy isn't incredibly bad either. What worries me slightly is that the green projects they'll invest in are chosen by the government, with no input from customers etc. or feedback for at least the first couple of years.
https://www.nsandi.com/products/green-savings-bonds
It's 0.65% gross/AER, fixed for 3 years, with no withdrawals until the period ends, which isn't a wonderful deal but given the state of the economy isn't incredibly bad either. What worries me slightly is that the green projects they'll invest in are chosen by the government, with no input from customers etc. or feedback for at least the first couple of years.
- Can someone who knows more about investments and green savings take a look and let me know what they think? I want to diversify my savings a bit, and move some money out of my current account, and low interest is better than no interest. Are there better alternatives?
