Royal Bank of Scotland has launched two new corporate bonds available to retail investors through the London Stock Exchange’s ORB platform.

The inflation linked bond and floating rate bond will both offer a minimum return of 3.9 per cent with quarterly coupon rising with inflation or interest rates accordingly.

These new bonds will be quoted on a ‘dirty price’ basis so accrued interest will be included in the quoted figure shown.

Pietro Poletto, head of Fixed Income markets at London Stock Exchange group used the launch as an opportunity to reiterate the attraction of the ORB platform to retail investors.

He said, ‘The ORB market gives private investors the opportunity to access a wide range of corporate bonds and these latest issues - offering tools to reflect both inflation and interest rates - will further add to the diversity of bonds on our order book.’

The Order book for Retail Bonds (ORB) was launched in February this year.

There are now a variety of issuers on the platform including Lloyds TSB, Provident Financial, Tesco, BT, National Grid, GlaxoSmithKline, Unilever, Vodafone, Marks & Spencer, Kingfisher, Rolls Royce, Centrica and Imperial Tobacco.