The Trust is an Industrial & Provident Society (IPS) fully regulated by the Industrial and Provident Societies Act and accountable for all its financial dealings and transactions.

An IPS belongs to its membership. Literally. Every member owns 1 share, worth £1, in the Trust. Those shares cannot be traded or transferred. The share entitles the member to a vote; one member - one vote.

The City Bond Weekly Draw

Each week a draw will take place giving everybody who has purchased a Bond the opportunity to win a substantial cash prize, as well as other interesting prizes. The cash prize will increase as more members join. The other prizes will come from local businesses, restaurants, travel centres, DIY Stores, local stores, etc.