Meteor launches Prima Growth Plan 16

If the index is not at the level recorded when the plan began, then it will run into year two, paying a return of 20% at the second anniversary if the index subsequently meets the conditions and continuing into year three if it does not. For each year that the product remains open, it accumulates a coupon of 10%, culminating in a 60% return at its six-year maturity.

Capital is at risk if the FTSE falls by more than 50% at any time during the product's life and is still below its opening level at

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