Societe Generale has issued the FTSE Income Protection 2000. The launch, on March 16, is part of a new range of listed structured products tradable on the London Stock Exchange, and is part of the bank's Income Protection Range.
The product provides an unconditional, regular income of 2% each quarter and return of initial capital at maturity so long as the FTSE 100 does not fall below 2,000. Should the barrier be breached, at maturity investors will receive returns equal to the performance of the
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