Barclays releases Guaranteed Deposit Accounts for offshore bonds

Barclays Capital has launched two deposit accounts as the latest in its structured deposit series for offshore bonds. The five-year Guaranteed Arabia Titans 50 Deposit Account provides exposure to 50 leading Arab stocks, represented by the Arabia Titans 50 index. The account, available in US dollars, provides 100% capital repayment plus a return equal to 117.5% of the averaged index performance, subject to a maximum investment return of 47%.

The five-year Guaranteed FTSE 100 Deposit Account, available in sterling, offers exposure to the FTSE 100 index. The deposit provides 100% capital repayment and a return equal to 240% of the averaged index performance, subject to a maximum investment return of 60%.

The deposits are accessible via offshore life bond providers and require minimum deposits of $75,000 and £50,000 respectively. The offer period closes on December 30.