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Skipton Building Society – Double Asset Bond

Skipton Building Society

Double Asset Bond

Type: Guaranteed equity bond and high interest account

Minimum-maximum investment: 3,000-250,000


Term: One year

Interest rate: 7% gross

Withdrawal penalties: No withdrawals permitted during the term


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

Term: Five years and six months

Return:100% of the growth in the index at the end of the term

Guarantee: Original capital returned in full regardless of the performance of the index

Closing date: September 14, 2005

Commission: None

Tel: 0845 717777


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Sub-Saharan Africa Near-Term Outlook

By Paul Caruana-Galizia, Neptune Economist

Sub-Saharan Africa’s economic renaissance continues. After growing at an average rate of five per cent over the past decade, the IMF projects an acceleration to 5.5 per cent growth among Sub-Saharan economies in the next two years, as developed economies emerge from the crisis. We expect this growth to be sustainable for three broad reasons.


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