Bank of Ireland GEB launched

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Bank of Ireland GEB launched

Fri 26th Aug 2005

Bank Of Ireland has unveiled a new fixed term (five-year) Guaranteed Equity Bond and an optional 12 month Balancing Bond.

The new two-part Global Balanced Guaranteed Equity Bond has a minimum investment of £5,000 and offers investors the opportunity to benefit from 80 per cent of the growth potential of four major global stock market indices, adjusted by an averaging method.

The Guaranteed Equity Bond provides investors with The Bank of Ireland Capital Guarantee, which means that investors will receive a return of their initial investment, regardless of stock market performance.

The Bank Of Ireland bond is offered in conjunction with its branch Bristol & West International, based in Guernsey and is available until September 30th 2005.

The Optional 12 month Balancing Bond, pays six per cent gross/AER on up to 50 per cent of the total investment into the Global Balanced Guaranteed Equity Bond, with easy access to money without charges for early withdrawal.

Roly Alden, chief executive officer of Bank of Ireland Offshore, said: "Bank of Ireland Offshore is committed to offering a competitive and flexible range of products for our customers, and in the current investment climate we believe that there will be a strong appetite for this type of product."

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