You are here: Home Page
/
Dictionary
Moneyextra.com
- Our Online Buys
- Get a Loan
- Get a Credit Card
- Get a Mortgage
- Cheap Car Insurance
- About Us
- Contact Us
- My Portfolio
-
Money News
- Finance Features
- News Feeds
- Guides
- Dictionary
Guaranteed Income Bond
Additional Services
- Company Reports - get free company reports here!
- Stocks & Shares ISAs - look for the best ISA online
- Insurance - need home, travel or car insurance?
A guaranteed income bond is a single premium insurance bond which pays a fixed amount of income annually and returns the original sum invested at the end of a specified period.
Beware of bonds which offer high returns but may set performance benchmarks for the return of your capital - if these targets are not met your income is effectively no more than the draw-down of your capital.
See Also: Stockmarket Centre
Last Updated: August 2007 © Moneyextra.com
Our senior editor Robin Amlôt recommends you should consider taking independent financial advice before acting on any article. Please contact us for help with your individual circumstances if any assistance is required.