National Savings & Investments: New guaranteed equity bond
Friday, 23 May 2008 08:46
National Savings & Investments (NS&I) is launching a new guaranteed equity bond (GEB) with growth linked to the FTSE 100.
The GEB Issue 15 offers a gross return that matches any FTSE 100 Index growth, up to a maximum return of 75 per cent, over the five-year term, without any risk to investors' capital.
The bond is on sale from may 21st to July 1st – coinciding with the maturing of the GEB Issue 5 – launched in May 2003 - on 17 June 2008.
NS&I will be writing to investors this month to remind them that their bond is about to mature and to let them know about the new issue of NS&I GEB.