The UK Post Office launched the fourth issue of the Guaranteed Equity Bond (GEB) on 11 July on the back of strong results from its first three issues of the FTSE-linked deposit with both a three- and five-year term.
Its first two GEBs were launched in October last year in five- and three-year deposits with a minimum investment of £500. The five-year GEB pays 110% of the FTSE while the three-year GEB pays 75% of any rise in the FTSE. "The first two issues hit their targets and the Post Offic
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