Halifax offers 4.32% oneyear guaranteed growth bond
11 October 2006
Source: HBOSplc
Halifax Financial Services, the long term savings provider, has launched a new Guaranteed Growth Bond. The new bond gives investors total peace of mind that their money is not at risk, and offers investors a guaranteed net return of 4.32% (equivalent to 5.4% before tax for basic rate taxpayers) over one year.
The minimum investment is £5,000 and the guaranteed return of 4.32% net of tax will be added at the end of the one-year period.
Money invested before the start date will benefit from an Early Investment Payment equivalent to 4.32% net of tax, the same rate as the bond. When the bond matures after one year the investor will receive back their initial investment plus interest.
Final applications must be received by 28th October 2006, although the offer may be withdrawn earlier if the bond becomes fully subscribed.
Nigel Greenwood of Halifax Financial Services, said:
'Halifax Financial Services offers simple, value for money, products. There are still a number of customers who are concerned about putting their capital at risk by investing in the stockmarket. With the Guaranteed Growth Bond investors can rest assured that their capital is safe while receiving a great guaranteed rate of return.'
For further information or to book an appointment with a personal financial adviser, customers can contact their local Halifax or Bank of Scotland branch or visit www.halifax.co.uk/investments.
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