Northern Rock is launching a five year guaranteed investment bond.
The Guaranteed Capital Bond Issue II is linked to the FTSE 100 stockmarket index and provides a potential return of 8 per cent gross a year over three or five years.
Alternatively, investors looking to achieve capital growth can potentially achieve a 24 per cent gross return over three years or 40 per cent gross over five years.
The bond is available until August 31.
The minimum investment is £2,500.