NDF equity bond launch

NDF is to launch two equity-linked investment bonds early in the new year. The first, the NDF Recovery Plan, will offer investors 100% of the rise in the FTSE 100 index over a five-year investment term, with full return of capital, providing the index does not fall by more than 50% during the life of the bond. Should the index level fall by more than 50%, investors will lose 1% of their capital for every 1% the FTSE has fallen below its starting level at the end of the product's life. If the FTSE falls by less than 50% from its start level during the life of the bond, capital is protect...