Hey!
My bank just got bought by another bank and one of my tax free savings accounts dropped from 4% to 0.75%. So obviously I’m not keeping it in there.
I’ve been looking at government bonds. The example for my question is Romanian bonds. Maturing january 2053. Interest 7.625%, but they’re also at 109.80 right now. Interest is paid on the 17th January.
I’m wondering, when is the best time during the year to buy bonds? Should I wait until after interest payment, or some time before interest payment?
(All the internet is telling me is that “now is the time to buy bonds!”)
Submitted January 15, 2024 at 03:09AM by thedutchrep https://ift.tt/E9PWA18
