Hi @robert can you confirm… I know you guys said at least the first £1million of bonds would be subject to the 5% ‘protection’… Given we’ve had the first issuance of £100k what does that mean for the £1m offering in March? Are they still under the ‘trust’ bond model?
Also can you confirm if you go for the next (march) issuance and are successful and opt for the s&s isa (on the basis of not having one for 18/19 already) that this will count for the pre April 5th 2018/2019 allowance? Cheers
When we launched we put aside money to provide the interest for up to £1m of investment in our Trust Bonds.
Because of the popularity of these and the demand, that amount has been increased, so we are able to offer a larger volume of bonds, including the upcoming March issuance. We will continue with exactly the same model.
The March issuance will happen before the end of the 2018-19 tax year, yes.