Anglo Irish Bank IoM Launches Market Leading Bond

October 15, 2006 (PRLEAP.COM) Business News
Anglo Irish Bank Corporation (I.O.M.) P.L.C. has launched a new Privilege Capital Plus Bond which offers 100% capital protection, plus either a minimum guaranteed return of 15% gross*, or the opportunity to receive 100% of the average growth of a basket of assets **, whichever is greater. The bond, which has a five-year term, has a minimum investment of £10,000, no maximum investment, and no initial or annual charges.

Announcing the new bond, Gary Quaggan, Head of Personal Banking at Anglo, said, “We expect that the new Privilege Capital Plus Bond will be very attractive to investors who are looking for a medium-term investment which offers the security of capital protection, an attractive guaranteed return, plus the opportunity to take advantage of global market growth.”

Anglo stressed that the new Privilege Capital Plus Bond, which is suitable for individual, charity, corporate, trustee, and pension investments, is strictly limited, and is available on a first come, first served basis. The closing date for applications is 9th November, although if fully subscribed, the offer may be withdrawn before then.

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Anglo Irish Bank Corporation (I.O.M.) P.L.C. is licensed by the Isle of Man Financial Supervision Commission to conduct Banking and Investment business.