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Looking at long-term savings options? Here’s what you need to know

Looking at long-term savings options? Here’s what you need to know about government retail bonds…

If you’re looking for a long-term savings vehicle, government retail bonds are definitely worth considering.

So how do government retail bonds work? What are your options? What are the tax implications? And how can you make the most of them?

To discover the answers to these questions and much more, read on…

The ins and outs of government retail bonds

Government retail bonds, or RSA Retail Savings Bonds to give them their formal name, are bonds aimed at the public.

In return for lending the South African government money, you’ll receive interest payments twice a year for the duration of the bond.

You can select from a variety of terms, starting from two years. And you can pick between fixed-rate and inflation-linked interest.

Government retail bonds are easy to buy and you don’t have to pay any fees or commissions. You can start investing in them with just R1,000.

What you need to know about government retail bonds

The benefits of saving with government retail bonds
Why government retail bonds are great for your long-term savings goals
How to pick the right government retail bond for you
Why you should opt to reinvest your interest from government retail bonds
The tax implications of buying government retail bonds

Don’t forget, if you have any questions about buying government retail bonds, ask our team of experts

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