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Bank of Scotland International launches Nikkei Supertracker

1st September 2008 Print
Bank of Scotland International has launched its new Nikkei Supertracker Capital Guaranteed Savings Bond.

The deposit is available in Sterling and US dollars and has a fixed term of five years.

The Nikkei Supertracker not only guarantees customers' initial capital investment, but also provides the opportunity to benefit from the performance of the Nikkei 225 Index over five years.

Upon maturity, Sterling investors will receive their initial investment back, along with 490% of any index performance, subject to a maximum return of 49%. Customers of the US dollar deposit will receive their investment back, along with 333% of any index performance, subject to a maximum return of 33.3%.

The minimum investment level is £10,000 or $20,000. The five year fixed term will mature on 28th October 2013.

James Gairdner, managing director at Bank of Scotland International, says: "The Bank of Scotland International Nikkei Supertracker offers investors, the opportunity to participate in the performance of the Nikkei 225 Index, without risk to their capital. Even if the index only grows moderately over the five year term, investors will see good returns on their investment, making it a good alternative investment to cash deposits"