BCP/BBVA Credit Union Deposit Bond 7

BCP are delighted to launch the new BCP/BBVA Credit Union Deposit Bond 7. This deposit bond offers credit unions the opportunity to access a term deposit with BBVA. BBVA is one of Europe's largest and most stable banks. The deposit bond pays out 2% in year 1 and 1.5% in years 2-7, with potential further deposit interest payments of 1.5% in years 8-10. Liquidity is available throughout the term. Investments will be held by the Bank as individual accounts in the name of each investor.

Key Features:

• 2% deposit interest paid out in year 1
• 1.5% deposit interest paid out in years 2 to 7
• Minimum AER of 1.12% over 10 year term
• 1.5% paid out in years 8-10 if the Euro Stoxx 50 Index is equal to or above the initial valuation at the final valuation date (1.55% AER)
• 100% capital security at maturity from BBVA
• BBVA Credit Ratings: Fitch A-, S&P BBB+ and Moody's A3
• BBVA Market Cap: €50bn
• Memory feature can pay any previously unpaid interest payments
• 10 year term, liquidity available throughout the term
• Individual customer accounts at BBVA
• Minimum deposit €500,000
• Closing Date 13th December 2017

For more information please see the brochure/flyer below. 

Warning: If you cash in your investment before 15th December 2027 you may lose some or all of the money you invest. The amount you receive may be more or less than the capital secure amount.