Nationwide bond 'guarantees capital return'

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Nationwide bond 'guarantees capital return'

Wed 13th Jun 2007

Nationwide is launching the latest tranche in its guaranteed equity bond from Monday June 18th.

The Nationwide bond possesses a five-year term and guarantees that the original investment will be returned, plus ten per cent or up to 65 per cent growth in the FTSE 100, Nikkei 225 and DJEuroSTOXX 50 indices, whichever is larger.

Those people who invest in the Nationwide bond between June 18th and August 11th can benefit from an early investment bonus.

The bonus available on the Nationwide bond will gradually reduce after the latest tranche opens on June 18th, from 0.80 per cent to 0.30 per cent for those people who take it up between July 30th and August 11th.

Robin Bailey, Nationwide's divisional director of investments, said the Nationwide bond was "ideal for anyone who wishes to make a risk-free investment in the stock market".

He added: "It enables investors to benefit from the performance of some of the world's top companies - listed on the stock markets of the UK, Europe and Japan - without taking any risks with their original capital and providing the opportunity to receive even greater returns."

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