Lloyds PLANS new OLED

Lloyds TSB Offshore in Jersey has confirmed there will be another launch of its next Guaranteed Offshore Limited Deposit (OLED). Like the previous issue, the new OLED comes in two different maturities: either three years or five years, according to the bank. The product is linked to an equally weighted basket comprising the FTSE 100 index, S&P 500 and DJ Eurostoxx 50.

The launch follows the success of the previous issue in July which attracted more than 850 offshore sterling and dollar investors

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