Anglo Irish Bank has launched a structured product linked to four indices and offering a combination...
Anglo Irish Bank has launched a structured product linked to four indices and offering a combination of income and growth. The six-year Capital Protected Bond is structured as an offshore deposit, linked to a basket of four equally-weighted indices, namely the FTSE 100, S&P 500, Nikkei 225 and Dow Jones Eurostoxx 50. Half of the initial capital is invested in a deposit account paying 7.25% per year for the six-year term. The other half is placed in a growth bond offering 100% minimum capital return at maturity, plus 70% of the rise in the basket of indices over the investment period. Wi...
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