Index Linked Savings Bond (withdrawn)

Our 1st Issue Index Linked Savings Bond offers you the certainty of real growth in the value of your capital over 3 or 5 years.

By combining a fixed rate of 1.70% Gross AER* per annum with index linking over the term, you can be certain that the purchasing power of the money you invest will be protected against inflation.

Key Features

• 3 or 5 year term to suit your needs.
• Early investment interest of 7.00% gross pa to 30 September 2007
• Index Linked interest paid on maturity, based on the change in Retail Prices Index (RPI) over the Savings Bond term: 130% of change in RPI over 3years; or 132% of change over 5 years.
• Fixed rate interest of 1.70% per annum over chosen term
• Invest from £500 to £50,000 (£100,000 for joint accounts)
• No withdrawals allowed prior to maturity.

*Interest will be paid or credited after deduction of income tax at the lower rate of 20% or, subject to the required certification, gross.

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