The Barclays Wealth 5 Year Fixed Rate Bond is designed for investors seeking competitive rates of regular income who are not willing to accept risk to their original capital. Against a backdrop of quantative easing and falling interest rates, investors are finding it increasing difficult to secure attractive returns from their respective savings and deposit accounts.
However for those prepared to commit funds over the medium/longer term, the rates of return can be considerably higher than those offered by traditional instant access accounts.With the Barclays Wealth 5 Year Fixed Rate Bond investors have a choice of two options; the Annual Interest Option which offers 4.0% gross per annum or the Deferred Interest Option which offers 22% gross at the end of the 5 year investment term.
- Annual Interest Option - 4.0% Gross p.a.
- Deferred Interest Option - 22% Gross payable at maturity
- Full Capital Protection
- Financial Services Compensation Scheme covered up to £50,000
- Investment Term - 5 years
- Minimum Investment - £10,000
- Anniversary Dates - 14 June 2010, 13 June 2011, 12 June 2012, 12 June 2013
- Maturity Date - 12 June 2014
- Can be used for Self Invested Personal Pensions (SIPP) and Small Self Administered Scheme (SSAS) pension arrangements. Click here to talk to an investment advisor regarding these options.
- Deadline - 5 June 2009