What is the current interest rate for RSA retail bonds?
||INFLATION LINKED RATES
|2 Year Fixed Rate 7,00%
||Inflation Linked 3 Year Bond 3,50%
|3 Year Fixed Rate 7,75%
||Inflation Linked 5 Year Bond 3,75%
|5 Year Fixed Rate 9,25%
||Inflation Linked 10 Year Bond 4,50%
How do I pay RSA retail bonds?
electronically, via the internet, on the RSA Retail Savings Bonds website. at any branch of the South African Post Office. Directly at the National Treasury - 240 Madiba Street, Cnr Thabo Sehume and Madiba Street, Pretoria, 0002. by telephone, directly to the National Treasury Helpline, on 012 315 5888.
Are retail savings bonds safe?
Retail bonds make sense when you are in retirement. The fact that they are guaranteed by the government makes them a safe investment with a decent yield (tax depending).
What is the interest rates on government bonds?
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|Change from Last Month
|Value from 1 Year Ago
|Change from 1 Year Ago
Who can invest in RSA Retail Savings Bonds?
Any person with a valid South African identity number and a bank account at a South African bank can invest in the Fixed Rate RSA Retail Savings Bonds. If a minor (a person younger than eighteen years of age) applies for an investment, the application form must be countersigned by a parent or legal guardian.
What are the disadvantages of government retail bonds?
Government bonds have the following disadvantages:
The interest paid on bonds, the 'yield', can be low. Bonds can lose value on the open market if interest rate increase or inflation expectations rise. This is because higher interest rates or higher inflation make the fixed interest paid by bonds less attractive.
What is government bond funds?
A government bond is a form of security sold by the government. It is called a fixed income security because it earns a fixed amount of interest every year for the duration of the bond. The purpose of a government bond is to raise money to operate the government and to pay down debt.