A new tranche of Nationwide Building Society's guaranteed equity bond (GEB) will be launched on Monday, February 27th.

The growth of the five-year investment bond will be linked to the FTSE 100, Nikkei 225 and DJ EuroSTOXX 50 indices.

In addition to getting their full initial investment back, investors are also guaranteed to receive the higher of ten per cent of growth of the initial investment or 50 per cent of the total growth of the indices.

Those making their investment before March 11th will receive a bonus of 0.4 per cent on their investment.

People who take out the investment bond before the start date of April 8th will also receive bonuses which will be added to the original investment.

This investment bond is ideal for those who want to invest in the stock market but are concerned about the associated risks, comments the managing director of Nationwide Investments Clive Parkinson.

Nationwide is the UK's fourth largest mortgage lender and seventh largest retail banking, saving and lending organisation by asset size.

Mortgages, savings accounts, current accounts, credit cards, life insurance, investment products, personal loans and household insurance are all available from Nationwide.