UK bank Abbey has launched the first capital-guaranteed commercial property-linked bond. The bond has an investment term of either five years or seven and a half years, and offers either 100% or 125% of any growth in the FTSE All UK Property index.
The index, which was launched in June, contains three additional sector indexes, which give investors daily performance data on the retail, office and industrial sectors of the UK commercial property market. The performance data for the index is de
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