24 The Investment that cannot depreciate Price of issue £100 per cent. Can be bought in sums of £5 and multiples of £5. Bonds begin to earn interest from date of purchase. Repayable at par after 7 years with a premium of £1 on every £100. Income Tax not deducted at source. May be cashed at any time on six months notice at par, plus interest to date. In case of special emergency, arrangements can be made for immediate repayment. Maximum individual holding—£1,000. When you buy Defence Bonds you become with the Fighting Forces.