Nationwide launches new Guaranteed Equity Bond

Nationwide has launched a new tranche of its Guaranteed Equity Bond (GEB).

The five year bond guarantees to return the original investment, plus 10% or up to 55% of any growth, whichever is greater, in the value of the FTSE 100, Nikkei 225 and DJ EuroSTOXX 50 indices.

Nationwide is also offering an early investor bonus for customers who invest in the new GEB. The bonus increases any investment made between 18 December 2006 and 10 February 2007 by up to 0.55%.

Clive Parkinson, managing director of Nationwide Investments, said: "The Nationwide GEB is ideal for anyone who wishes to make a risk-free investment in the stock market. It enables investors to benefit from the performance of some of the world's top companies which are listed on the stock markets of the UK, Europe and Japan, without taking any risks with their original capital and providing the opportunity to receive even greater returns.

"Anyone investing in a Nationwide GEB this Christmas, and before 10 February 2007, will be guaranteed to receive their original investment back at the end of the term - including any early investor bonus - and benefit from a guaranteed minimum of 10% growth over the five year term with the added potential benefit of even greater returns of up to 55% of any growth in the value of three world indices."

Customers can visit nationwide.co.uk/GEB to apply.