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date: Tue, 12 Aug 2008 15:01:43 +0000 (UTC),
group: uk.finance
back
question: savings bonds covered?
If someone rather than holding money in a deposit account for interest,
takes out one of these one-year or two-year bonds paying x%, are they
covered by deposit insurance in the same way as are deposits of less
than 32,000?
FoFP
--
"They say there are no atheists in a foxhole. Well, there
are no libertarians in a financial crisis, either."
--Harvard economist Jeffrey Frankel
date: Tue, 12 Aug 2008 15:01:43 +0000 (UTC)
author: M Holmes
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Re: question: savings bonds covered?
"M Holmes" wrote in message
news:g7s8kn$ai$1@scotsman.ed.ac.uk...
> If someone rather than holding money in a deposit account for interest,
> takes out one of these one-year or two-year bonds paying x%, are they
> covered by deposit insurance in the same way as are deposits of less
> than 32,000?
>
> FoFP
>
>
> --
> "They say there are no atheists in a foxhole. Well, there
> are no libertarians in a financial crisis, either."
>
> --Harvard economist Jeffrey Frankel
Yes.
Rob Graham
date: Tue, 12 Aug 2008 20:11:28 +0100
author: robgraham
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