Britannia and B&WI bond launches

Britannia International and Bristol & West International (B&WI) have both launched guaranteed capital equity bonds. Britannia's Guaranteed Capital Equity Bond Issue 12 invests in the FTSE 100. It opened earlier this month and is available until 6 March. The bond links an investment to the performance of the stock market but with no risk to capital as the original investment is guaranteed to be returned in full. It has a term of five years and offers a potential gross return of 35% over five years or 6.16% per year if the FTSE 100 rises or remains the same over the period. Early in...