Thursday 4 February 2010

No word yet for investors in National Bonds



National Bonds holders are still waiting to learn whether their investments made a profit last year amid fears that returns could have been hit by falling asset values.

On January 24 last year, the government-backed savings scheme announced profits of 7.07 per cent for 2008. Returns for last year, however, have not yet been published.

“I am sure that there will not be a profit like last year,” said US Sachidanandan, an investor. “Last year the profit was declared by the third week of January.”

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