Abbey’s latest capital guaranteed bonds available over two tax years

Abbey has launched a new issue of capital guaranteed structured deposit accounts with an extended offer period extended offer period so that investors can take advantage of Mini Cash ISA allowances for both this tax year and next.

The four bonds offer guaranteed full return of capital at maturity and different benefits depending on the link to the underlying investment. They are the latest products in the series of continuously available capital guaranteed products from Abbey.

The bonds now available are:

Abbey Capital Guaranteed Commercial Property Bond (Issue two) – a ten-year investment offering 130 per cent of any growth in the FTSE All UK Property Index (NAV).

The Abbey Capital Guaranteed Residential Property Bond (Issue six) – a five or ten-year investment offering 110 per cent or 160 per cent of any growth of the Halifax House Price Index.

The Abbey Capital Guaranteed UK Equity Bond (Issue six) – a three-year investment offering 100 per cent of any growth in the FTSE 100 Index, capped at 35 per cent; or a five-year investment offering 110 per cent of any growth in the FTSE 100 Index, with no cap on potential growth.

The Abbey Capital Guaranteed Japanese Equity Bond (Issue six) – a five-year investment, now offering a increased participation rate of 120 per cent of any growth in the Nikkei 225 Index.

The Bonds are designed to fit within a wide range of tax wrappers, including ISAs, transferred TOISAs, SIPP and SSAS pension arrangements and Offshore Bonds.

Abbey also offers a bespoke structured product design service, subject to investment criteria. This allows IFAs to design guaranteed products around different indices to meet their clients’ investment needs.

Gary Dale, head of intermediary business development at Abbey Financial Markets, said: “Abbey remains committed to providing the intermediary market with a continually available range of structured product solutions based around a variety of indices.

“We were pleased by the interest in the capital guaranteed bond series in its first year and the changes made to the this latest issue are the result of listening to intermediary feedback. We remain positive about the reasons for investors to have medium term exposure to commercial and residential property, UK and Japanese equities. By offering a capital guarantee within the product, intermediaries are able to discuss with their clients exposure to different and varied markets, whilst simultaneously managing the associated risks.”

Minimum investment in the bonds is £3,000. The bonds are available until 9 April 2007.