16% PA Capital Protected Note Launched

11.03.2010

  THIS NOTE IS NOW CLOSED

Summary of Terms:

•       Issuer: Royal Bank of Scotland (UK Government backed), 

•       Currency: Euro, £ and $  Max 5 Year Term

•       Subscription period:  4 weeks, closing  28th March 2010

•       Underlying Indexes : FTSE100/S&P 500/ Eurostoxx 50

Payoff: 

•       Annual autocall from Ist anniversary

•      If from the 1st or any subsequent anniversary all the indices are level or above the initial strike levels, the product will call early and pay an annual coupon of +14% (Euro), 14.25% (£) and 16% ($) for each year the product has been active

•      For example, if the product calls at the end of year 1, then the return will be : 100% of capital + (1 x 16%) = +16%($)

Conditional capital protection: 

•       If the product runs to maturity & no index is less than -60% of the initial level, 100% capital is returned

Contact Synergi Investment for more details

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