• Allows you to invest your savings for a fixed term at an interest rate that won't change.
• Invest from £1,000 up to £100,000. 
• Once opened you cannot add to your account, but you may open more than one bond
• To get the best return for your savings you must leave your investment in the account until the bond matures on 31st May 2010.
• No partial withdrawals or early closure are allowed with this account. 
• This is a limited issue - the bond will be withdrawn when fully subscribed
• We provide you with a passbook to keep track of your savings and interest.

The Gross rate is the contractual rate of interest payable before deduction of income tax at the rate specified by law (currently 20%). 

The Annual Equivalent Rate (AER) is a notional rate which illustrates what the gross interest rate would be if interest was paid and added to the account annually.