Halifax bond 'guarantees' return

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Halifax bond 'guarantees' return

The new Halifax bond allows consumers to enjoy a healthy interest rate with the knowledge that their investment will not be put at risk.

Providing an interest rate of 5.08 per cent, Halifax's bond has guaranteed growth and is available with the group until May 19th.

Requiring a minimum investment of £5,000, the money invested before the start period will benefit from an early investment payment.

On the maturity of the Halifax bond, consumers are guaranteed to receive their initial investment in addition to the returns gained.

Paul Stanley, head of Halifax financial services, said: "There are still a number of customers who are concerned about putting their capital at risk by investing in the stock market."

He also said that with the Halifax bond "investors can rest assured that their capital is safe while receiving over five per cent net return".

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