GSMB Issue 12 Summary

Product Guaranteed Stock Market Bond
Channel CIS
Product Structure Investment is split between a Fixed Term Deposit and a Guaranteed Stock market Bond (Issue 12)
Offer period 6 September 2004 - 15 October 2004
Fixed Term Deposit 7.0% gross/AER - Matures in 12 months
Guaranteed Stock Market Bond (Issue 12): 50% of any rise in the FTSE 100 index
Fixed term: 22 October 2004 (start date*) – 21 October 2009
Index/ Indices & start level/s * FTSE 100 - 4,615.4
Total Investment Minimum deposit £3,000. Maximum deposit £1,000,000.
Original deposit is split equally between the two accounts.
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