Nationwide Guaranteed Equity Bond launched

Nationwide has launched its new Guaranteed Equity Bond, which offers a guarantee that all capital and at least ten per cent growth will be returned.

The growth is linked to the FTSE 100, Nikkei 225 and DJ EuroSTOXX 50 indices.

The Nationwide Guaranteed Equity Bond is a five-year bond that can offer up to 55 per cent of any growth for the value of the indices.

Clive Parkinson, managing director of Nationwide unit trust managers, said: "Guaranteed Equity Bonds are ideal for people who wish to invest in the stock market but have concerns about the risks involved.

"Nationwide's Guaranteed Equity Bond goes one step further, providing customers with guaranteed growth as well as capital protection."

Special bonuses are also available to those who make investments before October 29th, with a 0.40 per cent bonus available to those purchasing the bond before October 1st.

Customers interested in the Nationwide Guaranteed Equity Bond are advised to visit a branch, phone the hotline or visit Nationwide's website.