GSMB Issue 7 Summary

Product Guaranteed Stock Market Bond
Channel The Co-operative Bank
Term 5 years
Offer close date 12 January 2004 - 20 February 2004
Fixed Term 27 February 2004 (start date*) – 26 February 2009
Index/ Indices & start level/s * FTSE 100 - 4492.2
Min / Max investment £3,000 - £1,000,000
Interest 100% 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