Blue Sky offers new growth plans

The FTSE 100 Protected Growth Plan III is a six-year, 100% principal protected trade offered as a medium-term note, while the Guaranteed Growth Plan III, which has the same level of protection and tenor, is offered as a deposit which can be invested in offshore bonds. Both trades have a participation rate of 150% in any rise of the index with a maximum return of 90% (75% in the previous issue) at maturity. The initial index level is averaged over the first six months. The counterparty for both p

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