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LIMITED PERIOD ONLY -QUALITY WORK JERSEYS BY MOSGIEL SHAWL COLLAR zip front GREEN OR GREY j I’ GRAIN & SEED MERCHANDISE I I MACHINERY HARDWARE 1 available FROM DEANS AVE. AND 187-189 CASHEL ST., CHRISTCHURCH. PHONE 796-460 ALSO WEST STREET, ASHBURTON.

I 7 REACH THE BIGGEST k with THE PRESS Classifieds >

STOP \ inflation] \ EATING < / I INTO YOUR / NEST-EGG \ for guaranteed protection you need Inflation Adjusted Savings Bonds The Problem whichever is the greater. In addition, 2’s You ve worked long ana hard to gather that interest is payable each year, nest-egg. Now you have to decide how to A moun t keep it safe from inflation. Most .investments Apphcatlons may be in mu | tipies of $ 5O . P z ( open to you, return a certain set percentage Ihe mjnimum payment for Pacb apD |, cat on on the amount you have invested. These - |S SIQO wjth a J maximum of SlOOO , n an 0 .,« interest rates do not make allowances for calendar year inflation. Therefore, regardless of the amount of interest you may be receiving, The Term inflation may be reducing it by the same Normally 5 years, but you may withdraw amount or more. your inflation adjusted savings at one month s notice if you are over 60 years of age. The Answer The New Zealand Government understands Prospectuses and Application forms are the concern you have for your savings. available from and subscriptions will be That’s why they offer you Inflation Adjusted accepted by any Post Office, Trading or Savings Bonds. On repayment, you are Savings Bank, Sharebroker, 4 z guaranteed a tax free premium based on the or the Reserve' Bank of movement in the Consumer Price Index, or New Zealand in Wellington, ioTfw? 7 5% per annum compounded quarterly— Auckland or Christchurch. gS’-'fjj),

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19780816.2.152.3

Bibliographic details

Press, 16 August 1978, Page 27

Word Count
294

Page 27 Advertisements Column 3 Press, 16 August 1978, Page 27

Page 27 Advertisements Column 3 Press, 16 August 1978, Page 27