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LLoyds TSB offers new tranch of guaranteed bond

Lloyds TSB Life is issuing a new tranche of its Guaranteed Stock Market Bond which it says offers consumers a no lose situation.


GSMB offers consumers the chance to invest in the stock market for six years with a guaranteed return of at least the amount invested at maturity.


The life office is offering those that invest before December 10 a 0.6 per cent bonus.


The key features of GSMB include growth potential linked to the FTSE 100 Index which is averaged over the final 12 months of the bond and a minimum investment of £2,000.

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