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National Savings and Investments – Guaranteed Equity Bond (Issue 5)

Type: Guaranteed equity bond

Aim: Growth linked to the performance of the FTSE 100 index

Minimum-maximum investment: £2,000-£1m, £2m for joint investments

Term: Five years

Guarantee: Capital returned in full regardless of performance of index

Return: Up to 65% of growth in index at end of term

Interest rate: 3.25% gross a year until June 16, 2003

Closing date: June 16, 2003

Commission: None

Tel: 0845 971 5401

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