NATIONAL SAVINGS PENSIONERS GUARANTEED INCOME BONDS 5-YEAR FIXED RATE TERM—NEW SERIES

Series 13 five-year Pensioners Guaranteed Income Bonds will go on sale from 21st October 1999. The interest rate, fixed and guaranteed for the first five years a Bond is held, is 5.85% pa. The interest is paid gross and is taxable. NATIONAL SAVINGS PENSIONERS GUARANTEED INCOME BONDS 2-YEAR FIXED RATE TERM—NEW SERIES Series 3 two-year Pensioners Guaranteed Income Bonds will go on sale from 21st October 1999. The interest rate, fixed and guaranteed for the first two years a Bond is held, is 5.75% pa. The interest is paid gross and is taxable. NATIONAL SAVINGS CAPITAL BONDS—NEW SERIES Series T Capital Bonds will go on sale from 21st October 1999. Bonds held for five years will grow in value at a guaranteed rate each year as follows: Year 1    5.25% Year 2    5.6% Year 3    5.9% Year 4    6.4% Year 5    6.9% These rates will give a guaranteed return equal to 6% pa compound. The interest is credited gross and is taxable. NATIONAL SAVINGS CHILDREN’S BONUS BONDS—NEW ISSUE Issue Q Children’s Bonus Bonds will go on sale from 21st October 1999. For the first five years each £25 unit will earn interest at 3.5% pa compound. On the fifth anniversary of purchase it also earns a bonus of £2.98 (11.92% of purchase price). At these rates a Bond will earn a tax-free return to equal to 5.5% pa compound over the first five years. Issued by National Savings on behalf of the Treasury