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Derbyshire launches dual bond

Derbyshire Building Society is launching a dual bond this week which invests partly in a fixed rate bond and partly in a stockmarket-linked bond.

The bond will invest 30 per cent in a fixed rate bond with an interest rate of 7 per cent per annum and 70 per cent in the society&#39s portfolio plan, which is a branded version of Norwich Union&#39s portfolio bond.

Minimum investment is £10,000.

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