State Savings Accounts (SSA) were automatically opened when National Solidarity Bond (NSB) Issues 1, 2 or 3 were purchased. They were feeder accounts for the NSB Issues 1, 2 and 3. Lodgements through Post Offices or Direct Debits were lodged to your SSA before being transferred to a NSB. Interest earned yearly on NSBs may have been paid into your SSA and monies held in NSB’s may have been transferred back to your SSA after the relevant NSB matured.
SSAs apply to National Solidarity Bonds Issues 1, 2 and 3 only. Thereafter, the structure of an NSB account was changed such that all transactions are visible within NSB Issue 4 onwards.
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