Barclays unveils guaranteed bond offering an 8% return

Barclays is launching a guaranteed bond offering an 8% return in its first year. Minimum investmen...

Barclays is launching a guaranteed bond offering an 8% return in its first year. Minimum investment is £5,000 and this is split equally with half going into a fixed rate cash bond, providing the guaranteed return over 12 months. This then matures and investors will be reinvested in an equivalent 12 month product unless they decide to take the cash. The other half of the original investment is put into a structured product linked to the performance of the FTSE 100 over three years. Customers are guaranteed the return of their original investment into this element of the product, along wi...