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John Lewis could offer new bond for savers

The John Lewis Partnership has said it will consider issuing more bonds after subscribers to a previous issue received a windfall of as much as £3,250 in cash and vouchers over the past five years.

Participants in the £50m scheme launched in March 2011 could invest as much as £10,000 each, the Mail on Sunday reports.

In return they received a 4.5% annual dividend payment and a further 2% in vouchers to spend at John Lewis or Waitrose. The bond’s maturity date is next month.


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