Nationwide unveils new equity bond

03 July 2006
Nationwide has announced that it will be launching a Guaranteed Equity Bond (GEB) today (Monday, 3rd July).

The high street building society's offer is a five-year investment opportunity, which guarantees to return the original investment plus ten per cent or up to 55 per cent of any growth, whichever is greater.

An early investor offer is also on the table from Nationwide, with a 0.55 per cent bonus on any investment made between 3rd July and 26 August, 2006.

"Customers investing in the Guaranteed Equity Bond have the opportunity to take advantage of an early investor bonus, which will automatically increase the initial lump sum invested," said Clive Parkinson, Nationwide Investment's managing director.

"In addition to this, they will continue to benefit from a minimum ten per cent growth over the five year term with the added potential of even greater returns of up to 55 per cent of any growth in the value of the three worldwide indices (FTSE 100, Nikkei 225 and DJ EuroSTOXX 50)."

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