I don't think this is a good idea. http://www.guardian.co.uk/politics/...curtis/2012/mar/14/budget-2012-100-year-bonds It is not something I would buy.
Your locked in to a really crappy return for a hundred years and I personally think that the UK will either inflate to nothing or default. I can't understand why anyone would think any different.
Your opinion is duly noted. However, there's clearly quite a few people out there who love these things (if I had to guess, they're in it for the convexity). I'd prefer gallons (preferably of Patron). If that makes me a pussy, so be it.
Are the bonds backe by anything? What does the UK have to provide growth other than the financial sector? Anyway I won't touch them with a barge pole.
Well, I dunno quite what to say... Excuse me while I go slit my wrists. Talk amongst yourselves, I may be some time.