Savers given chance to put their money towards government green projects - but experts say returns are 'paltry'

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Green bonds offering savers the chance to back the government's environmental projects are going on sale - but experts think the 'paltry' returns on offer will see demand wilt

But experts said the 0.65% rate on offer was a disappointment, with significantly better deals available elsewhere.Sarah Coles, senior personal finance analyst at Hargreaves Lansdown, said:"With a rate of just 0.65%, early enthusiasm for the bonds is likely to wither.

"Instead NS&I are relying on savers who are willing to pay a price for going green with their savings." Laura Suter, head of personal finance at AJ Bell, said:"All that hype for such a paltry rate, is definitely what some savers will be thinking

 

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Mandates 2% inflation, offers 0.65%... You'd have to be stupid to invest in these

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