Equilibrium issue 3 is designed to provide the certainty of a fixed rate of interest on 30% of the initial deposit and the opportunity to participate in the potential gains of either the RBS UK Balanced Sector Index or the RBS European Balanced Sector Index on the remaining 70% of the deposit.
Dave Isley, Head of NatWest IPB comments: “In uncertain times when interest rates remain volatile, fixed interest rates are an attractive option…we know how valuable flexibility can be, which is why we are offering a choice of two RBS indexes.”
There are two options, the first of which covers the UK market where 30% of the deposit will be held in the fixed rate deposit and the remaining 70% will be held in the index linked deposit.
The fixed rate deposit here is repaid in three tranches from 6 January 2014 to 6 January 2016 with the fixed rate returns rising each year from 3.50% AER (5.33% gross fixed) to 5% AER (18.6% gross fixed).
The index linked deposit will mature on 10 January 2017 paying back the remaining 70% of the deposit plus 70% of any of the calculated growth in the index.
The second option, which covers the European market, involves 30% of the deposit to be held in the fixed rate deposit and the remaining 70% in the index linked deposit.
As with the first option, the fixed rate deposit here is repaid in three tranches from 6 January 2014 to 6 January 2016 with the fixed rate returns rising each year from 3.50% AER (5.33% gross fixed) to 5% AER (18.6% gross fixed).
The index linked deposit will mature on 10 January 2017 paying back the remaining 70% of the deposit plus 70% of any of the calculated growth in the index.
This product is available in GBP with a minimum deposit of £10,000 and the offer period runs from 2 April to 15 June 2012, with a 5 July start date.
