The five-year non-principal protected trade will redeem at 100% unless the final level of the underlying index has fallen by 50% or more of the initial index level. In this instance capital will be lost on a 1:1 basis. The trade will be invested in preference shares. The issuer of the preference shares will enter into a contract with Citigroup Global Markets (the counterparty). The minimum investment is £3,600.
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