safe investments

1911 days ago

Blackmore Bond PLC – another minibond disaster in the making?

Like London and Capital Finance (LCF) which has now collapsed into administration and is under FCA investigation, Blackmore Bond Plc also offers high yield bonds.  It is currently offering 3 Year loans offering 7.9% every year with interest paid quarterly and 5 year bonds offering 9.9% every year paid quarterly. LCF’s 14,000 bondholders now face an almost certain capital loss on their “safe” investments

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