Annuity Rates, Annuities, Pensions, Divorce Annuity Rates Charts
Home News Annuity Rates Annuities Pension Annuity Impaired Annuity Annuity Quotes Pensions Divorce Resources
   


30 August 2013 last updated
Yields reach high of 3.29% as investors expect changes to interest rates
15-year gilt yields chart
Based on figures for August 2013
15-year gilt yields August 2013
 

15-year gilt yields continue to increase 23 basis points to a high for the year of 3.29% sending annuity rates up as investors expect interest rates to rise and stimulus to stop.

gilt yields:  
annuity rates up 23 basis points

Investors have been influenced by continued expectation that the US Fed will taper their stimulus package, the Bank of England are likely to raise interest rates and evidence the Eurozone will exit their recession sending the price of bonds and gilts lower and yields to new highs for the year.

 
  More annuity topics
  August News 2013
  News & articles
  Archive news stories
  Flexi-access drawdown
  Annuity rates tables
  Outlook for 2026
  Annuity rates charts
  15-year gilt yields
  Latest annuity rates
 

Bank of England to keep interest rates at 0.5%

The Governor Mark Carney has unveiled the new "forward guidance" policy to keep interest rates at 0.5% allowing investors scope to plan for the future. Markets seem skeptical that this will be the case helping to reduce the price of gilts and increase yields.

This will makes borrowing for the government more expensive and may mean the Bank of England will have to return to Quantitative Easing if the markets do not accept the "forward guidance" policy that interest rates will remain at 0.5% for the next three years.

Threat of military action in Syria has created fear with investors moving funds to safe havens reducing yields and this could counter the improvements we have seen.

For August the yields range for the month was from 2.93% to 3.29% or 36 basis points which is more volatile than previous months. Fig 2 below shows the daily 15-year gilt yields and the increase or decrease from the previous day's close:


15-Year Gilt Yields - August 2013
      Thurs 1st Fri 2nd
     
2.97%
gilt yields up   0.04
3.99%
gilt yields up   0.02
Mon 5th Tues 6th Wed 7th Thurs 8th Fri 9th
3.03%
gilt yields up   0.04
3.04%
gilt yields up   0.01
3.03%
gilt yields down   0.01
3.05%
gilt yields up   0.02
3.05%
gilt yields no change
Mon 12th Tues 13th Wed 14th Thurs 15th Fri 16th
3.04%
gilt yields down   0.01
3.17%
gilt yields up   0.13
3.19%
gilt yields up   0.02
3.24%
gilt yields up   0.05
3.26%
gilt yields up   0.02
Mon 19th Tues 20th Wed 21st Thurs 22nd Fri 23rd
3.29%
gilt yields up   0.03
3.23%
gilt yields down   0.06
3.26%
gilt yields up   0.03
3.25%
gilt yields down   0.01
3.23%
gilt yields down   0.02
Mon 26th Tues 27th Wed 28th Thurs 29th Fri 30th
 
3.14%
gilt yields down   0.09
3.17%
gilt yields up   0.03
3.15%
gilt yields down   0.02
3.16%
gilt yields up   0.01
  Fig 2: Daily 15-year gilt yields and changes

Based on the changes in yields standard annuities are likely to increase in the short term by 0.37% with smoker and enhanced rates to increase by 0.44%. See Annuity Rates Review for the latest updates.

News related stories:
Latest annuity rates improve 1.5% but Syria action could reverse gains
Pension annuity income risk as Bank of England may start QE again
UK annuities boost as Fed plan to taper QE to start from September
Annuity rates edge higher as Fed plans to taper QE
Retirement annuities threat as yields fall on UK and US stimulus plans
Annuity Rates
  Age Single Joint  
  55 £6,654 £6,281  
  60 £7,014 £6,666  
  65 £7,652 £7,219  
  70 £8,619 £7,918  
£100,000 purchase, level rates, standard
Unisex rates and joint life basis
  Annuity Rates  
Annuity Quotes
  Plan your annuity and get quotes from the 12 leading providers  
 
  free annuity quote Free Annuity Quotes
  annuity quote no obligation No Obligation
  annuity quote all providers From All Providers
 
  Annuity Quote  
  Annuity Rates News:

Annuities fall 0.75pc despite higher yields
Annuities fall -0.75% Annuities fall 0.75% despite higher gilt yields after investors sell safe havens.
Annuity rates rise 20pc over sixteen months
Annuity rates rise 20% Annuities rise 20% with record gilt yields after Labour budget and Trump tariffs.
Retirement income up 150pc since 2020
Retirement income up 150% Income up 150% as annuities rise and equities recover since Trump global tariffs.
Gilt yields fall 40 basis points from peak
Gilt yields fall 40 basis points Yields fall 40 basis points from 5.29% reached after Trump tariff back down.
Annuities rise 6pc after Trump tariffs
Annuities rise 6pc Annuities rise 6% after Trump imposes tariffs and new EU defence spending.

  Follow Us:
You can follow the latest annuity updates on Twitter or as a fan on Facebook
  Facebook Page Twitter Page
Sharingpensions.co.uk   This website is for marketing purposes only and does not provide specific financial or legal advice. The website security is issued by GeoTrust and Equifax. Copyright©2001-26 Sharingpensions.co.uk. All Rights Reserved
About Us - Contact Us - Site Map - Useful Links - Security - Privacy Policy - Terms & Conditions