News in brief


Birmingham Midshires

Birmingham Midshires has continued its income offerings by releasing the Annual Income Guaranteed Equity Bond 2.

The product, which closes in April, offers a 6.25% coupon each year provided the FTSE100 has not fallen over that year. Calculation of the index is the average of the last month of each year.
The five-year bond has a full capital guarantee, provided by HBOS and has a £500 minimum investment. Maximum investment is £1 million.


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