Skipton Guernsey, the offshore investment subsidiary of Skipton Building Society, has launched two FT...
The one-year index tracker bond guarantees a return of 7.5% gross and a three-year index tracker bond with a gross return of 25.8% unless the Footsie falls over the respective time periods.
SG spokesman Ken Jones said: "At a time when interest rates are falling and there are uncertainties in the stock market both of these bonds offer the advantage of returns linked to the growth potential of equities over a one year or three year period.
"With an absolute guarantee of no loss of capital, they provide an alternative offshore investment opportunity with the possibility of excellent returns."
Minimum investment for each bond is £5,000 and the maximum £2m with both, guaranteeing a full return of capital upon maturity.
Investment in the bonds closes on 18 May and will earn a fixed interest rate of 5.5% gross per annum until 3 June, when capital plus interest will then be invested in the chosen bond the following day.
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