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question: savings bonds covered?



 
 
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  #1  
Old August 12th 08, 04:01 PM posted to uk.finance
M Holmes
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Posts: 935
Default question: savings bonds covered?

If someone rather than holding money in a deposit account for interest,
takes out one of these one-year or two-year bonds paying x%, are they
covered by deposit insurance in the same way as are deposits of less
than 32,000?

FoFP


--
"They say there are no atheists in a foxhole. Well, there
are no libertarians in a financial crisis, either."

--Harvard economist Jeffrey Frankel
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  #2  
Old August 12th 08, 08:11 PM posted to uk.finance
robgraham
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Posts: 61
Default question: savings bonds covered?


"M Holmes" wrote in message
...
If someone rather than holding money in a deposit account for interest,
takes out one of these one-year or two-year bonds paying x%, are they
covered by deposit insurance in the same way as are deposits of less
than 32,000?

FoFP


--
"They say there are no atheists in a foxhole. Well, there
are no libertarians in a financial crisis, either."

--Harvard economist Jeffrey Frankel



Yes.

Rob Graham


 




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