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Barclays launches offshore guaranteed bond

Barclays Bank is launching a guaranteed stockmarket bond aimed at non-UK residents.


The Guaranteed Stock Market Bond (issue three) guarantees to return 100 per cent of the initial investment plus 60 per cent of any stockmarket growth in the Eurotop 100 Index after three and a half years.


The bond is denominated in either US dollars or in sterling.


The bond is available through Barclays&#39 four international service centres in Jersey, Guernsey, the Isle of Man and Knightsbridge London.


The Eurotop 100 stockmarket index is made up of Europe&#39s top 100 corporate companies.

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