Britannia offers latest issue of its offshore Guaranteed Capital Bond

Britannia International, an offshore savings bank, has opened issue 8 of its Guaranteed Capital Bond. The three year 100% capital protected product will pay a fixed return of 3.54% annually if the FTSE 100 index is equal to or greater than the start level.

The final level of the FTSE is averaged over the last six months. Britannia is offering a bonus of 0.40% to encourage investors to buy into the offshore bond before September 18. The minimum investment is £5,000 and commission is 1%. The bond will be available until October 5.

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