NS&I launch Guaranteed Equity Bond

National Savings and Investments (NS&I) is to launch its first Guaranteed Equity Bond (GEB), offering...

National Savings and Investments (NS&I) is to launch its first Guaranteed Equity Bond (GEB), offering a return equal to 120% of any growth in the FTSE 100 over five years as well as capital protection. Slated for a 14 March launch with an offer period that closes on 24 April, the product gives investors the opportunity to outperform the FTSE without risking their capital. If the FTSE 100 index falls or fails to rise over the term, investors' initial investment is returned in full. Peter Cornish, NS&I's marketing director, said returns will be linked to index performance with an additional ...