BCP/BBVA Credit Union Deposit Bond

BCP is delighted to launch the new BCP/BBVA Credit Union Deposit Bond. This deposit bond offers credit unions and charities the opportunity to access a term deposit with BBVA SA. The deposit bond pays out 1% in years 1-6, with a potential further deposit interest payment of 1% in year 7. Liquidity is available throughout the term. Investments will be held by the Bank as individual accounts in the name of each investor.

Key Features:

 

• 100% capital security at maturity from BBVA SA
• 1% paid out in years 1 to 6 
• Minimum AER of 0.84% over 7 year term
• 1% paid out in Year 7 if the Euro Stoxx 50 Index is equal to or above the initial valuation at the final valuation date (1.0% AER) 
• BBVA SA Credit Ratings: Fitch A-, S&P BBB+ and Moody's A3
• 7 year term, liquidity available throughout the term
• Individual customer accounts at BBVA
• Minimum deposit €500,000
• Closing Date 29th August 2017

 

For more information please see the brochure below.

Warning: If you cash in your investment before 30th August 2024 you may lose some or all of the money you invest. The amount you recieve may be more or less that the capital secure amount.

Credit ratings and market cap correct as of July 2017. Source: Bloomberg