Barclays looks East for performance

News

UK bank Barclays has launched a product linked to the performance of the Eastern European equity market.

The five-year deposit gains exposure to the market through the CECEEUR index, which tracks the capital performance of the largest companies in Poland, the Czech Republic and Hungary. The index is weighted 50% to Polish, 30% to Czech and 20% to Hungarian equities.

Returns differ according to currency. Sterling investors receive 100%, while dollar and euro investors receive 85% of any rise in

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