Investors should be aware that investment in bonds issued by companies listed on carries risks as well as the possibility of returns.  The interest rates quoted for each bond product is a projected return and is never guaranteed. It is consequently very speculative. As an investor, you should be aware that no established market exists for the trading of bonds in the companies listed on, although it may be possible to transfer your bonds to another existing bondholder as set out in our Terms and Conditions. However, there could be difficulty in selling your investment at a reasonable price and, in some circumstances, it may be difficult to sell them at any price.