Birmingham Midshires launches new 5 Year Guaranteed Equity Bond

Birmingham Midshires, the provider of consistent best buy bonds, today offered savers the chance to maximise the return on their investment with the launch of a new 5 Year Guaranteed Equity Bond at a market-leading rate of interest.

The new 5 Year Double Protection Guaranteed Equity Bond tracks the FTSE 100 Index and the account will pay 80% of any growth or fall at maturity after the five years.

Birmingham Midshires is also offering an early investor bonus to customers who invest in the new Guaranteed Equity Bond. The bonus is:

0.50% of any investment made before 31st January 2007
0.25% of any investment made before 28th February 2007

Jason Robinson, director of savings operations at Birmingham Midshires said: "We’re proud of our reputation as a market-leading guaranteed equity bond provider. These bonds are ideal for those people who want to invest in the stock market but have concerns about the risks involved. They not only offer peace of mind to the investor by protecting the capital but also guarantee a substantial return.”