Analysis Topic: Personal Finance

The analysis published under this topic are as follows.

Tuesday, October 17, 2006

Poor Cash ISA Interest rates despite high interest rate futures / Personal_Finance / Investing

By: Nadeem_Walayat

Whilst interest rate futures have rallied to the previous highs set in 2004, one staple investment vehicle has dismally failed to benefit from the raises. The range of Fixed Rate Cash ISA's currently on offer range from 5% to 5.25%, whereas in the lead up to the 2004 peak in interest rates, Cash ISA fixed rates ranged upto 6%. The difference is further exacerbated by the fact that Non Cash ISA Fixed interest bonds currently range upto 6% as one would expect and inline with what transpired in 2004.