THE GREATEST NO-RISK INVESTMENT IN THIS COUNTRY TODAY! HERE ARE THE FACTS: Bonds for 8 years returns after the eighth year a $5OO • Absolutely no risk — the security of your money is free-of-tax income each year for life —if the principal Government guaranteed. of each bond is re-invested on its maturity. • Interest rate is guaranteed to rise annually from 2'/z% * You can invest as little as $lO to 9Vz% in 8 years, and is compounded from date of * There is no limit to the amount any one person may purchase at these rates: invest in National Development Bonds. Ist year, 2Vi%; 2nd year, 3%%; 3rd year, 4Vz%; 4th * Afler three months bonds may be surrendered at any year, 5%%; Sth year, 6 1 /2%; 6th year. 7Vz%; 7th year, time for their cash value plus interest earned to time 8%%, Bth year, 9Vz%. of surrender. •All interest up to $5OO is,tax free in the income year INVEST IN POST OFFICE NATIONAL DEVELOPMENT it is received BONDS AND SAFEGUARD YOUR FUTURE. 'The average annual yield on maturity over the full term On the maturity of the bonds or their earlier surrender of 8 years is a fraction under 6% per annum. the funds may be used in so many ways for your benefit ’ The unique tax exemption could increase the return —retirement, travel—or for the benefit of your children—from your investment up to the equivalent of just under higher education, marriage and so on And you still 11% per annum if you are paying income tax at the benefit with up to 5500 in interest—tax-free in the income maximum rate. year it is received • An investment of $B5O annually in National Development v SOh Today is the first day of the rest y° ur iff® - ’ nvest ’ n Ibst Office NATIONAL UdE DEVELOPMENT ’ BONDS
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Bibliographic details
Press, Volume CXIII, Issue 33191, 3 April 1973, Page 17
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302Page 17 Advertisements Column 1 Press, Volume CXIII, Issue 33191, 3 April 1973, Page 17
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