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ScotMut offers 8.25% income on bond

Scottish Mutual is offering a new income bond linked to the performance of

30 stocks from the FTSE 100 and S&P 500 indices. Investors can choose

between 8.25 per cent annual income, 0.67 per cent monthly income or 26 per

cent growth at the end of the term of three years and two months.

Full return of the investor&#39s capital is guaranteed if the stocks do not

fall by more than 30 per cent from their initial level in the bond&#39s final

year. The bond is available until October 10, 2001. Minimum investment is

£5,000.

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