The following notice is in substitution for that which appeared on page 255 of The London Gazette dated 9th January 1998

National Savings Capital Bonds—New Series

Series K Capital Bonds will go on sale from 9th January 1998. Bonds held for five years will grow in value at a guaranteed rate each year as follows:

Year 1	4.4%
Year 2	4.9%
Year 3	5.7%
Year 4	7.16%
Year 5	9.16%

  These rates will give a guaranteed return equal to 6.25% per annum compound. The interest is credited gross and is taxable.

National Savings Children’s Bonus Bonds—New Issue

  Issue I Children’s Bonus Bonds will go on sale from 9th January 1998. For the first five years each £25 unit will earn interest at 5% per annum compound. On the fifth anniversary of purchase it also earns a bonus of £1.95 (7.8% of purchase price). At these rates a Bond will earn a tax-free return equal to 6.25% per annum compound over the first five years.

National Savings Pensioners Guaranteed Income Bonds—New Series

  Series 4 Pensioners Guaranteed Income Bonds will go on sale from 9th January 1998. The interest rate, fixed and guaranteed for the first five years a Bond is held, is 6.5% per annum. The interest is paid gross and is taxable. Issued by National Savings on behalf of the Treasury