We’re very excited to let you know that Dozens’ 5% p.a. Fixed Interest Bonds are back and open for bidding.
We are starting with a £100,000 issuance this month and will then offer a bumper £1,000,000 next month. The deadline for your bids is Monday, 23 September 2019, and if your bid is successful, your bonds will be issued on 1 October 2019.
Make sure you’ve updated to the latest version of the Dozens app (1.6.5+) to have all the latest features and updates!
Head to the Grow section of the app to find the current offer when you click ‘Add bonds’ (then under Future Bonds).
If you have any questions about how the bidding process works, don’t forget to read about the listed bonds here, and if you still have questions, post it here in the community where we will do our best to answer them for everyone.
Don’t forget to read the legal details too:
Bonds are not FCA regulated products and FSCS protection does not cover the bonds. Dozens’ Fixed Interest Bonds are allocated, issued and administered by Dozens Savings Plc. The interest offered by Dozens’ Fixed Interest Bonds will not fluctuate even in different market conditions. All of your money to be invested, plus the full 12-months interest, will be placed in a separate trustee-controlled account on your behalf. This would be used to pay you in the event of any default. The bond programme currently has a maximum limit of £7m, with expected issuance volumes of between £100k-£1m a month.
Dozens is not a bank. Dozens is a trading name of Project Imagine Ltd which is a company authorised by the Financial Conduct Authority (FCA) as an e-money institution (FRN 900894) and also as an investment firm (FRN 814281).
Note: Dozens’ Fixed Interest Bonds are allocated, issued and administered by Dozens Savings Plc. For more information on Dozens Savings Plc and the bond process, please take a look at Dozens Savings Plc’s 5% p.a. Fixed Interest Bond terms which are available on our website and on the Dozens app.