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Index Linked Savings Bond

3rd Issue - withdrawn

increase the purchasing power of your savings with inflation beating growth
fixed rate interest of 1.46% pa gross^ AER* to 30/11/2010 then variable rpi
linked indexation interest on maturity

4.55%# Gross^ AER*

# Illustrative rate using the percentage change in the Retail Price Index (RPI) between August 2005 and October 2010 as per Office of National Statistics, November 2010. Should there be no or minimal change to the RPI over the term, a minimum guaranteed payment of 7.50% gross^ will be earned. The RPI can fall as well as rise and past performance is not a guide to future performance.

Rates effective from 16 November 2010

Key features

  • Indexation Interest paid at maturity increases the value of your savings by 50% more than inflation over the term, providing real growth in purchasing power
  • Guaranteed minimum maturity interest payment of 7.50% gross^
  • Limited issue - this product may be withdrawn at any time without prior notice
  • Invest from £1,000 to £1,000,000
  • Indexation start date: 1 December 2010
  • Maturity date: 1 February 2016
  • No withdrawals allowed prior to maturity.

^ The gross rate is the interest payable before any income tax is deducted.

*aer stands for Annual Equivalent Rate and illustrates what the annual rate would be if interest was compounded.

Further Information

 

For further information please contact our Customer Centre on:

 

01372 747771

  

 Savings option summary

 

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