Bloxham offers financials with Irish government guarantee

The Financials Recovery Bond has been issued by mutual building society EBS, deposits at which are eligible for the Irish Department of Finance protection. Investors are increasingly seeking government guarantees following the recent bankruptcy of Lehman Brothers which has left a question mark over the value of capital guaranteed products that were issued by the bank.

The product is a three-year deposit linked to the performance of 10 banking sector shares, including Goldman Sachs, Royal Bank

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