Abbey relaunches popular savings bond

16 December 2005
Abbey customers are being given another opportunity to take advantage of the bank's popular Guaranteed Income Bond (GIB).

The bond gives a guaranteed fixed income of 3.8 per cent per year and a guaranteed capital return after four years.

Abbey recommends the bond for customers who can invest the money for the full four-year term, since cashing the bond before the full term means investors may get back less than they paid in.

Pak Chan, Abbey's Head of Investments Marketing, said, "The Guaranteed Income Bond has been incredibly popular this year.

"It provides customers capital security and the certainty of a regular income for the next four years."

The minimum investment for the bond is £5,000.

To read more about Savings Accounts, click here.

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