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Article: Second issue of National Savings equity bond. (News).(Brief Article)
- Article from:
- Money Marketing
- Article date:
- July 25, 2002
CopyrightCOPYRIGHT 2002 Centaur Communications Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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National Savings and Investments is offering a second issue of its guaranteed equity bond following the success of the first issue in March.
The five-year bond allows investors to gain from growth in the FTSE 100 index while offering 100 per cent capital security on investments of between [pounds sterling]2,000 and [pounds sterling]1m -- or [pounds sterling]2m for joint investments.
Investors receive all the proceeds of growth in the index, without fees or charges, subject to a maximum ...