BCP Credit Union Bonus Deposit 3

The BCP Credit Union Bonus Deposit 3 is an innovative deposit offering credit unions the opportunity to access a term-deposit structure that provides a potential rate of interest above that being offered by comparable low-risk bank deposits in the current market.

 

• 100% capital security at maturity from Investec Bank plc
• Guidance Note - Category 2 Deposit
• Total potential Gross Return of up to 14%
  • 1.5% paid at the end of each year if the EuroStoxx 50 is above its initial level
  • Memory feature allows payment of previous unpaid coupons in subsequent years
  • Potential 3.5% bonus at maturity
• Average payout of 9.0% based off 16 years of backtesting (since inception of the Index)*
• Term 6 years 11 months
• Minimum investment of €500,000
• Closing date 31st August 2016

*Source: Investec Bank plc, April 2016