New structured product from Bank of Ireland Offshore

The deposit bond has a fixed term of five-and-a-quarter years and offers a minimum guaranteed return of 14% over the term, with potential for growth of up to 45%, or 7.33% AER, dependent on the return from a basket of three stockmarket indices (excluding dividends). The three indices are the FTSE 100, Nikkei 225 and Dow Jones Eurostoxx 50. Available until 27 June 2008, the product has a minimum investment of £5,000 and a maximum of £1m. Commenting on the launch Michael McKay, chief operating officer for Bank of Ireland Offshore, said: “This latest product offering will appeal to investor...