Barclays Capital pulls wraps from latest index-linked deposit accounts

Barclays Capital has removed the wraps from its latest batch of index-linked deposit accounts.

Barclays Capital pulls wraps from latest index-linked deposit accounts

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 This time, the bank is offering a five-year sterling structured deposit account, linked to London’s FTSE 100 index; and a choice of a three-year or six-year euro-denominated account, linked to the Euro STOXX 50 Index.

 
The new deposit accounts are available from Barclays Capital now through 29 November.
 
As it has in the past, Barclays Capital said that it is willing to create similar accounts denominated in other major currencies “where demand is sufficient”.
 
The accounts require a minimum investment of either £20,000 or an equivalent in another currency, Barclays said.
 
David Macdonald, head of retail insurance solutions at Barclays Capital, said the new euro and sterling structured deposit products were seen by their creators as providing “an interesting opportunity for those investors seeking a balance between a full return of capital at maturity and a potential to achieve an attractive investment return if equity markets perform strongly”, given the current volatility of world investment markets.
 
Further details and fact sheets on the products may be found at www.BarclaysOffshoreSolutions.com

Barclays Capital’s 3-, 5- and 6-year Deposit Accounts
Product 5-year Equity Index-linked Sterling Structured Deposit Account  3-year Equity Index-linked Euro Structured Deposit Account
6-year Equity Index-linked Euro Structured Deposit Account
Offer period: 1 Sept – 29 Nov 2011
 
1 Sept – 29 Nov 2011
 
1 Sept – 29 Nov 2011
Investment date:   30 Nov 2011
 
  30 Nov 2011
 
30 Nov 2011
Maturity date: 30 Nov 2016
 
28 Nov 2014
 
30 Nov 2017
 
Investment index:  FTSE 100 Index
 
EURO STOXX 50 Index EURO STOXX 50 Index
 
Minimum investment: £20,000  €20,000     €20,000
 
Investment return cap:  55%  20%   50%
 

 

 

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