Barclays launches latest guaranteed deposit accounts

Barclays Capital, the investment bank division of Barclays Bank, has launched two more deposit accounts, as part of its structured deposit series for offshore bonds. The three-year guaranteed digital deposit account and the five-year guaranteed FTSE 100 deposit account give investors protected access to the UK stock index.

The three-year 100% protected plan will give 17% return providing the index is not end below the starting date. The five-year deposit product gives 100% capital protection and 220% participation rate in the index, capped at 55%. The minimum investment for both accounts is ₤50,000 and the starting date for the plans is August 28.

Investors are guaranteed a full return of their initial capital investment, provided the account is held until maturity. The deposits are accessible via offshore life