Investment Options
At a meeting held on 1 July 1861 the Board decided that the following rates of interest would be offered:
| Period | Interest Rate (%/annum) |
|---|---|
| For 3 months + under 6 months | 3 |
| For 6 months + under 12 months | 4 |
| For 12 months | 5 |
| For 12 months with notice of 3 months | 6 |
Read more about this topic: Colesberg Bank
Famous quotes containing the word investment:
“There is something fascinating about science. One gets such wholesale returns of conjecture out of such a trifling investment of fact.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)