Abbey Guaranteed Income Bond reissued

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Abbey Guaranteed Income Bond reissued

Wed 7th Sep 2005

Abbey has announced that it has reissued its popular Guaranteed Income Bond, following the sell-out of three others this year.

This investment guarantees a 3.6 per cent fixed income rate as well as a full return of the capital provided for the bond after four years of investment.

Pak Chan, Abbey’s head of investments marketing, said: "With interest rates having fallen and the potential for them to fall further, the Guaranteed Income Bond gives people the opportunity to secure a fixed income at the equivalent of the current base rate for the next four years."

The rate for the Abbey Guaranteed Income Bond is highly competitive and offers investors a reliable source of income for the next four years.

This income is paid net of basic rate income tax, an amount which is not reclaimable by non-taxpayers and starting rate taxpayers.

Investments start from £5,000 and those wishing to purchase the bond can do so at any Abbey branch.

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