Investment - Articles - JLT comment on Pensioner Bonds

 "Although this is a bit of a damp squib, the rates are more generous than expected and we think the bonds will be snapped up quickly. Investing the maximum amount of £10,000 in three year bonds will get you a return of a little over £7 per week before tax. So it’s unlikely to justify cracking open a bottle of champagne, but it will afford an extra couple of pints a week at the local pub."

  

 "The £10 billion of bonds to be issued represents a small giveaway to pensioners that will cost little to the Treasury."