Post Office unveils new Guaranteed Equity Bond issue

 

POST OFFICE UNVEILS NEW GUARANTEED EQUITY BOND ISSUE
Article date: 28/09/2005 : 16:55:16

Cautious investors could benefit from the Post Office's new Guaranteed Equity Bond issue, available for three or five years.

If they choose the five year bond they will be given a rate of 125 per cent for the FTSE 100 growth over the lifetime of the bond.

The minimum investment for the bond's fifth issue is £500, although the original investment is certain to be returned.

Richard Norman, head of savings and investments at the Post Office, said: "Post Office Guaranteed Equity Bonds offer an ideal solution for savers who want to avoid sleepless nights by taking big risks."

The bond is available until October 26th and the interest rate on it has been set to four per cent.
 
 
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