Citibank in Athens has issued three capital-protected structured notes and a capital-protected fund.
The Gold Barrier Note, investing in gold, has an 18-month tenor. The issuer of the notes, Lehman Brothers, provides 100% capital protection at maturity. The return of the notes may reach up to 19.99% provided that the price of gold increases up to 19.99% from the initial strike price. The notes are available in US dollars and euros.
The Triple Range Note II has an 18-month tenor and offers 100%