GSMB Issue 11 Summary

Product Guaranteed Stock Market Bond
Channel CIS
Term 5 years
Offer period 12 July 2004 - 20 August 2004
Fixed Term 27 August 2004 (start date*) – 26 August 2009
Index/ Indices & start level/s * FTSE 100 – 4490.1
Nikkei 225 – 11209.6
S & P 500 – 1107.8
Min / Max investment £3,000 - £1,000,000
Interest 100% of any average rise in the above indices
Withdrawals Not permitted

* This is the date that your Bond is issued on and it acts as the ‘start date’ for the fixed term period. On this date, at the close of business, we record the level of the Index/ indices that the bond is linked to. This reading is known as the start level.

Terms and conditions

How is my interest calculated