Pound coins
Media playback is unsupported on your device

Would you lock away money for 55 years?

Would you lock your money up for 55 years in order to beat inflation?

The Treasury thinks enough investors would - and is set to issue a 55 year gilt which investors can buy on the bond market.

It would effectively lend money over 55 years in exchange for a modest rate of interest.

Jeremy Le Sueur is Investment Director and founder of Shires Asset Management.

He told BBC Radio 5 live's Wake Up to Money, "It makes sense for the Treasury, but if you're a buyer of bonds and government bonds at the moment there's a lot of volatility in the market... so the price could fall quite a lot."

  • 24 Jun 2013