12 month deposit rates available 19 Feb 15 - Nelson Life Pensions & Investments

Fixed interest accounts available

Rates below are for 12 months only - business rates may be different

Rates below available 18 February 2015 – subject to change without notice.

Gross Rate Gross AER Notes Credit rating Standard & Poor’s Short Term Credit rating Standard & Poor’s Long Term Credit rating Moodys Short Term Credit rating Moody’s Long Term Date correct

KBC 1.75% Gross 1.75% Gross Min €3,000 and Max €1, €1,500,000 A-3 BBB- NP Ba1 18/2/15

EBS 0.90% 0.90% Min €10,000 NP Ba2 18/2/15 PTSB 1.50% 1.50% Min €10,000 B+ B3 18/2/15

AIB 0.80% 0.80% Min €25,000- €100,000 A-2 A- NP Baa1 18/2/15

Ulster Bank 1.20% 1.20% €15,000 - €500,000 A-2 BBB+ P-3 Baa3 18/2/15

BOI 0.74% 0.75% Min €5,000 - €1,000,000 B BB+ NP Ba1 18/2/15

RaboDirect 1.50% on first €20,000.and 0.75% therafter. 1.50% on first €20,000 and 0.75% thereafter Variable rates . AA- Aa2 18/2/15

Nationwide UK 1.50% 1.50% Fixed. €3,000 - €2M A-1 A P-1 A2 18/2/15

What the ratings mean - we have posted links to current ratings on a previous Nelson Life blog

Source: Moody's www.moodys.com on 5 February 2015

Source: Standard & Poor's www.standardandpoors.com on 5 February 2015 

Standard & Poor's

AAA : Extremely strong capacity to meet financial commitments.

Highest Rating.

AA : Very strong capacity to meet financial commitments

.A : Strong capacity to meet financial commitments, but somewhat susceptible to adverse economic conditions and changes in circumstances.

BBB : Adequate capacity to meet financial commitments, but more subject to adverse economic conditions

.Note: Ratings from 'AA' to 'CCC' may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the major rating categories. 

Moody's

Aaa: Obligations rated Aaa are judged to be of the highest quality, subject to the lowest level of credit risk.

Aa: Obligations rated Aa are judged to be of high quality and are subject to very low credit risk.

A: Obligations rated A are judged to be upper-medium grade and are subject to low credit risk.

Ba: Obligations rated Ba are judged to be speculative and are subject to substantial credit risk.

P-1: Issuers (or supporting institutions) rated

Prime-1 have a superior ability to repay short-term debt obligations.

NP: Issuers (or supporting institutions) rated Not Prime do not fall within any of the Prime rating categories.

Please Note: Moody's appends numerical modifiers 1, 2, and 3 to each generic rating classification from Aa through Caa.

The modifier 1 indicates that the obligation ranks in the higher end of its generic rating category; the modifier 2 indicates a mid-range ranking; and the modifier 3 indicates a ranking in the lower end of that generic rating category. 

Want to know more? We are available to discuss your options, and we look forward to hearing from you.

Our job is to help you choose a product and structure that will help you meet your goals.

telephone | 091441188 and/or email | office@nelsonlife.ie

RETIREMENT & PENSIONS |  INVESTMENTS | FINANCIAL PLANNING | LIFE INSURANCE

Nelson Life Limited trading as Nelson Life is regulated by the Central Bank of Ireland.

WARNING: Past performance is not a reliable guide to future performance. WARNING: The value of your investment may go down as well as up. WARNING: You may lose some or all of the money you invest. WARNING: These funds may be affected by changes in currency exchange rates. WARNING: If you invest into this product you will have access until you retire (Pension Products). WARNING: The above content does not constitute investment advice, as it does not take into account the investment objectives, knowledge and experience of financial situation of any particular person. Prospective investors are advised to make their own assessment of the information contained herein and to obtain professional advice suitable to their own individual circumstances. WARNING: The information contained in this document is based on our understanding of current tax legislation and the current Revenue Commissioners interpretation thereof and is subject to change including retrospectively without notice. This is intended as a general guide only and is not a substitute for professional tax, legal and investment advice.