Department of Finance and Personnel

Ulster Savings Certificates

COMMON EXTENSION TERMS

The Department of Finance and Personnel has issued a Direction decreasing from 1.29% to 1.05% per annum, the rate of interest on Ulster Savings Certificates to which common extension terms apply.

The new rate will operate and accrue from 1st August 2003 and until further notice.

The common extension terms apply to Certificates of the National Defence, Supplementary, Sixth, Seventh, Eighth, Ninth, Tenth, Eleventh, Twelfth, Fourteenth, Sixteenth, Eighteenth, Nineteenth, Twenty-first, Twenty-third, Twenty-fourth, Twenty-fifth, Twenty-sixth, Twenty-seventh, Twenty-eighth, Twenty-ninth, Thirtieth, Thirty-first, Thirty-second, Thirty-third, Thirty-fourth, Thirty-fifth, Thirty-sixth, Thirty-seventh, Thirty-eighth, Thirty-ninth, Fortieth, Forty-first, Forty-second and Forty-third Issues.

The common extension terms were introduced by regulations made on 15th June 1982 (S.R. 1982 No. 178).