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Skipton launches guaranteed growth bond

Skipton Building Society is offering a five year guaranteed growth bond, with minimum growth of 22 per cent and potential growth of up to 50 per cent.

The bond tracks the FTSE 100, S&P 500 and DJ Eurostoxx 50 indices over a five year period. Growth of 22 per cent is guaranteed, with investors receiving a guaranteed return of 8 per cent for each year each index has increased on the previous year and a 10 per cent bonus in the final year if all three indices increase in every one of the five years.

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