A purchasing power preserving bond

So I was once again wishing it was possible to purchase some sort of earthquake bonds to direct money to the rebuild effort her in Christchurch*, and I came up with a bond variant. Maybe this does already exist out there in some form, I'm not investment-savvy enough to know.

Regular bonds you pay the initial amount and then they pay a predictable regular amount in interest; returning the initial sum on maturity (which in the mean time has (probably) decreased in real value). Freeing up this cash early means selling the bond on the secondary market which could go well or poorly.
- The debt immediately starts incurring a cost, but a reliable and predictable one, on the issuer.

I am envisaging a bond where instead of paying out the face value of the bond is guaranteed to increase by inflation plus 1-4% of the original (or inflation adjusted original) sum per year. I'd set maturity so as to to make the bond unlikely to more than double in real value. The bond could be cashed up at any time for it's face value (presumably requiring some period of notice).
- Much like a term deposit or interest-bearing savings account but with a more stable return.
- There might be a small secondary market for people who can't wait for the notification period but I'd expect the prices on this to hew pretty closely to the face value.
- These bonds carry the risk of a "run" on the issuer where many of them are cashed at once, although a suitable cause in the fine print should provide some protection for the issuer. This is why I think they are only suitable for highly stable entities such as local councils.

These seem to fall somewhere between regular bonds and "Bonus Bonds" where you can get your money back at any time but any return on your investment is a lottery (literally).

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* I calculate they would get about my rates again out of me, per year. Although rates are about to change next period, so hang fire on that.

Homework

My decreasingly frequent regular counsellors appointment is tomorrow and if I don't want to spend $$ on another session which wraps up early because there is nothing to talk about I better come up with something. I am certainly less perky than I was this time two months ago, and my sleep is definitely worse; lots of dreams more negative than positive. My getting-out-of-bed has gone from consistently 8ish to fluctuating between 6am (on a really good day) and 10am or later (again) despite my awake-and-alert time stabilising around 6. Two weeks ago was a definite high but it also felt like riding a bike where the wheels might come off at any moment.

Since then I have been feeling the low - not a real low low but dragging. My calendar has been *very* full (eased off a bit now but here comes BoD!) and I really just want a few days to "myself" to recharge. [Pause to txt mother having *just* remembered it is her birthday. This is an indication of how my concentration and memory and focus have been flakey again recently.] I would actually take time off work but I haven't felt the hours I've been putting in there are quite satisfactory and I know we're overloaded - I'm been pulled back onto external work. Once the queue shortens a bit (i'm on it, it will) I might seriously consider using up a weeks leave.

I know the low is because I took on more than I ought have - but it never looks like that much. And it all fits in the calendar - it just doesn't leave any space in between. I'm getting better, honest.

But this is all old, well turned over ground. Nothing here is going to lead to any sort of epiphany or issue resolution. And I'm really just (have the energy to) ignoring a lot of the issues which I originally hoped would be resolved with a counsellors help. All the pain is still there it's just easier to bear; easier to be distracted now I have the energy to keep busy; as long as I don't go digging into those places.

And I don't *want* to go digging; I don't think it will help any more. But I might just be afraid of the pain.