Barcap launches new structured deposits
Barclays Capital has launched two new structured deposit accounts for its offshore bond series: the three-year guaranteed digital and the five-year guaranteed FTSE 100 deposit accounts.
The three-year 100% capital protected deposit, which is denominated in UK sterling, is linked to the FTSE 100 index and pays a return of 17% if at maturity the index level is at or above its initial level. If the final level is below its initial level no return is paid.
The five-year principal protected deposit, which is also denominated in sterling, is linked to the FTSE 100 and pays a return of 200% multiplied by the averaged index performance up to a maximum of 50%. The averaged index
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