New Leeds Building Society Options Bond to offer up to nine per cent interest

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New Leeds Building Society Options Bond to offer up to nine per cent interest

Customers looking to benefit from potential growth in the stock market while having the reassurance of a guaranteed rate of interest may want to invest in the new Leeds Building Society Options Bond.

The Leeds Building Society Options Bond has been launched today and customers could earn up to nine per cent interest on the investment product.

Under the terms of the investment, 40 per cent goes into Leeds Building Society deposit account and the remaining 60 per cent is invested into Norwich Union's portfolio, where customers could benefit from stock market based investment returns.

Trevor Garside, head of financial services at Leeds Building Society, said: "The Norwich Union portfolio offers a choice of investment funds, including the inflation protected guarantee on its with-profits fund. As well as guaranteeing capital, this unique feature tracks the retail price index."

Leeds Building Society Options Bond is one of a range of products from the company who also offer mortgages, credit cards and financial planning services.

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