Bonds paying an annual interest rate of up to 4% for people over - TopicsExpress

Bonds paying an annual interest rate of up to 4% for people over 65 have gone on sale, but high demand has led to some website problems. The government-backed pensioner bonds are being offered through National Savings and Investments. Market-leading rates after years of low returns on accounts meant the bonds had been expected to sell quickly. Chancellor George Osborne said 26,000 bonds have been sold by Thursday afternoon, raising £270m. Within an hour of the announcement of the bonds going on sale, there were problems with the NS&I website. Throughout the day, potential customers have been reporting long waits trying to contact NS&I on the phone. ow.ly/HpIlO

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