More than £1 billion of government pensioner bonds have been sold - TopicsExpress

More than £1 billion of government pensioner bonds have been sold in the first two days after they went on sale. Chancellor George Osborne said it was the biggest opening sales of any retail financial product in Britains modern history after more than 110,000 pensioners bought the bonds. Up to £10bn of bonds are being made available through National Savings and Investments (NS&I). They pay an annual interest rate of up to 4% for over 65s. As of Saturday morning, £1.15bn of the bonds had been sold. ow.ly/HxAQV

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