Barclays Wealth Regular Income Bond offers 5.75% per annum

• Six-year investment issued by Barclays Bank PLC
• Regular income of 5.75% a year or 0.4667% a month
• Capital is at risk if the FTSE falls by more than 50%

Barclays Wealth has launched a popular six-year Regular Income Bond for investors looking for a frequent, dependable level of income.
Available now, this FTSE-linked product offers investors the option of either a fixed annual payment or monthly income. The annual option pays 5.75% for each year the plan is held, while the monthly option gives investors 0.4667% each month.
In both options, investors’ capital is lost if at any time during the term the FTSE falls to a level more than 50% below its starting level and, at maturity, is below its starting level. If this does occur, capital will be lost on a 1:1 basis.
Full details of this product can be found at http://www.barclayswealthprotectedinvestments.com
Commenting, Lisa Chaudhuri, vice president, Barclays Wealth, says: “With interest rates remaining low and looking unlikely to rise in the foreseeable future, investors are increasingly on the lookout for a fixed, dependable form of income. Our new RIB offers a viable alternative to traditional equity-based income funds as it gives investors a fixed rate of return over a set period of time and offers a premium over cash, with risk to initial investment only if FTSE loses more than half its value during the term.”