Author Topic: 10%  (Read 4605 times)

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Offline Scott and Lisa

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10%
« on: September 12, 2013, 17:06:51 PM »
Just to let everybody know, finans bank are doing a 106 bond which will pay at least 10% and you will only pay 1% interest, it is only available until the 20th, from deniz at the branch on the main road the calis  8)



Offline tinkerman

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Re: 10%
« Reply #1 on: September 12, 2013, 18:43:36 PM »
Whats a 106 bond? the interest rate is not far off 10% now so if you hook up your money for 6 months you may lose out if it goes up, why do you pay 1% interest and why is it only available from Deniz at the main road branch?

Offline tinkerman

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Re: 10%
« Reply #2 on: September 12, 2013, 18:45:55 PM »
106 bond being 3 months  :) still do not understand the rest ???

Offline Hamlet

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Re: 10%
« Reply #3 on: September 13, 2013, 06:37:56 AM »
Why is a 106 bond 3 months? It can't be the number of days because the maximum number of days in 3 consecutive months is 92 8)

Offline George Warner

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Re: 10%
« Reply #4 on: September 13, 2013, 08:38:53 AM »
Should the word interest be replaced with the word tax?

Offline yabanci

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Re: 10%
« Reply #5 on: September 13, 2013, 09:32:23 AM »
and why is it only available from Deniz at the main road branch?
It isnt Andy,the main branch in town are offering it as well.

Offline yabanci

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Re: 10%
« Reply #6 on: September 13, 2013, 15:12:19 PM »
Why is a 106 bond 3 months? It can't be the number of days because the maximum number of days in 3 consecutive months is 92 8)
[/quote
Its a 106 day bond.

Offline Scott and Lisa

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Re: 10%
« Reply #7 on: September 13, 2013, 16:43:31 PM »
Yes sorry 106 days and 1%tax

Offline kayakebab

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Re: 10%
« Reply #8 on: September 13, 2013, 18:04:45 PM »
The bond starts on 27th September, and as usual you need to register your interest and apply.
Today I was given 9.65% on a new savings account which is only a holding account for the money that will go into the bond.
You can't put other money in there with it.
I saw Gulsah in the main branch in town.

My last bonds were 6 months, this next one is just 106 days. 10% interest.

I also went to TEB and was offered 9% for a new account.

People may also be interested to know that the limits that are insured are now 100,000 for single accounts, and 200,000 for joint accounts. It applies to cash in accounts and cash in bonds.
I'm not sure when this changed, apologies to all those that already knew!

Offline lilsoph

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Re: 10%
« Reply #9 on: September 13, 2013, 19:28:46 PM »
Pretty sure the tax is 10% on bonds, at least on the 30 or so I've had over the years it always has been.




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