Gilliat Financial Services presents FTSE 100 range accrual to UK investors

UK investors have been offered a range accrual note by Gilliat Financial Services which pays a maximum of 1.5% per quarter and includes a barrier that is European


Gilliat Financial Solutions has launched a variable income product linked to the FTSE 100 Index that offers investors the chance to receive periodic coupons, the size of which depend on the number of trading days in each observation period that the index finishes above a specified level. The range condition is tested daily and the total accrued amount for the period is calculated at the end of each quarter.

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A typical range accrual product pays

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