4.75% returns seems very good for UK? Q - is it 4.75% pa?
The bond at a glance:
-Offering 7.75% gross interest per annum made up of:
--4.75% gross interest payable in cash; and
--An additional optional 3% gross interest, payable in racing rewards if you choose to take them. These can be used to redeem against any online purchases of tickets, food, drink, hospitality packages and discounted annual membership (through Rewards4Racing)
Five-year initial fixed term
Open to subscriptions between £2,000 and £100,000
Non-transferable
www.racecoursebond.com/Application/Welcome.aspx
