PIBS stands for permanent interest bearing shares. PIBS are issued by building societies as a way of generating funds. PIBS pay a guaranteed, regular income, based on the rate prevailing at the time of purchase. Whilst the interest is fixed, the capital value of the shares can rise and fall. As the number of building societies have reduced over the...
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Permanent Interest Bearing Shares are fixed interest securities issued by Building Societies to raise capital. PIBS are listed and traded on the London Stock Exchange.
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Permanent Interest Bearing Shares are fixed interest bearing investments issued by building societies and are listed on the London Stock Exchange
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Permanent Interest-Bearing Shares. These are means for building societies to raise capital. They are a lump sum investment, usually in increments of £1000, and pay a fixed rate of interest, in most cases twice yearly.
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