GSMB Issue 14 Summary

Product Guaranteed Stock Market Bond
Channel CIS
Term 5 years
Offer close date 1 November – 10 December 2004
Fixed Term 17 December 2004 (start date*)- 16 December 2009
Index/ Indices & start level/s * FTSE 100 - 4,696.80
Nikkei 300 - 215.69
S & P 500 - 1,194,22
Min / Max investment £3,000 to £1,000,000
Interest 105% of any average rise in the above indices
Withdrawals Not permitted

* This is the date that your Bond is issued on and it acts as the ‘start date’ for the fixed term period. On this date, at the close of business, we record the level of the Index/ indices that the bond is linked to. This reading is known as the start level.

Terms and conditions

How is my interest calculated