First Active bond matures

First Active's Guaranteed Equity Bond Series 5 has matured providing a gross return of 85 per cent

First Active's Guaranteed Equity Bond Series 5 has matured providing a gross return of 85 per cent. The five-and-three-quarter-year tracker bond opened in October 1995 was linked to the S&P 500, FTSE 100, Nikkei 300 stock and an "All Ireland" Index, consisting of six chosen Irish companies. It achieved the maximum return payable. A typical investment of £10,000 (€12,697) would have led to a net return of £6,800, equivalent to a compound annual rate of 11.29 per cent, First Active said.