Bank Of Ireland offshore unveil International Kick-Out Bond

Bank Of Ireland (I.O.M.) Limited, in conjunction with its branch Bristol & West International, based in Guernsey, has launched the International Kick-Out Bond.

This is a fixed term, 5 year bond that gives investors the opportunity to benefit from growth potential linked to the performance of three major global stock market indices ( FTSE 100, Nikkei 225 and DJ EuroStoxx50), with the reassurance of a capital guarantee and an early maturity / kick-out feature.

The product, with a minimum investment level of £5,000, is only available for a limited offer period and will close on 24 December 2007.

Commenting on the launch Niall Carey, Head of Sales, Bank of Ireland Offshore, said:

“We believe that our latest product offering will prove to be popular with those investors who are looking to benefit from the solid growth potential this product offers without the risk of losing their capital. The early maturity feature available on the bond means that, provided the three indices selected are at least equal to their start levels on a given anniversary date, the bond will mature early and pay investors an attractive return.”