The five-year Regular Income Bond is also available as a growth option – is linked to the Dow Jones Stoxx 50 Index, which offers exposure to 50 ‘supersector’ stocks across Europe. The new plan, which is open for investment until February 29, 2008, will offer investors an income of 7.25% per annum or 1.8% per quarter.
Lisa Chaudhuri from Barclays Wealth said: Demand for income producing plans has not abated and there is clear need for products that offer a good level of regular income with a quantifiable risk/reward profile. We always aim to deliver to IFAs products that they understand and trust and we believe this latest issue will prove to be as popular as the last, with advisers looking to lock-in their clients’ gains from similar products currently maturing in the market.
