Investec has launched a worst-of dual-index product tied to the performance of the FTSE 100 and the Euro Stoxx 50. The product, which will strike on July 20, has a six-year term and offers an annual coupon of 5.95% if the closing level of the worst-performing index is above 65% of its initial level at the coupon payment date. Investors' capital is at risk if a 50% American-style barrier is breached by either index at any time during the product term.
1. Potential income of 5.95% per