Credit Unions

Designed for Credit Unions but also available to Charities, Religious Orders and Corporates.

BCP/Barclays 10 Year Credit Union Deposit Bond (Issue 6)

BCP is delighted to launch the new BCP/Barclays 10 Year Credit Union Deposit Bond (Issue 6) which offers a minimum AER of 0.35% and a maximum AER of 0.50% over 10 years. The credit ratings for Barclays Bank Ireland plc are A+ (Fitch) and A (S&P). The closing date is Friday 21st February

Key Features

Minimum AER 0.35% and Maximum AER 0.50%
Deposit with 100% Capital Security at maturity from Barclays Bank Ireland plc
0.50% deposit interest paid out at the end of years 1 to 7
0.50% deposit interest paid out at the end of years 8 to 10 IF the Euro Stoxx 50 Index is equal to or above the initial valuation at the annual valuation dates
Memory feature means that if you miss an interest payment at the end of years 8 and/or 9, you get it back in future years as long as the Euro Stoxx 50 trades at or above the Initial Level on one of the future annual valuation dates
10 year term
Available to Credit Unions only
Minimum Investment is €500,000
Closing Date is 21st February 2020

Product Downloads

Warning: If you invest in this product you will not have any access to your money for 10 years. Warning: Past performance is not a reliable guide to future performance. Warning: If Barclays Bank Ireland plc were to default, you will lose some or all of your investment and potential interest. The payment of Deposit Interest at the end of years 8 to 10 is not guaranteed; any payment will depend on the performance of the Index.

AER is Annual Equivalent Rate. Credit ratings correct as of February 2020.