INVESTMENT DESCRIPTION
A 2 year 1 week Defensive Deposit Plan linked to the performance of the FTSE 100 Index.
The Plan delivers a return if the FTSE 100 Index falls or stays flat over the 2-year investment term. Interest is paid at maturity, and is ‘earned’ by observing the Index level after 1 year and at maturity after 2 years. 8% is paid for each observation the Index is at or below its original starting level (Strike Level) so the maximum return to investors is 16% at the maturity of the Plan.
Your Initial Capital will be returned in full at maturity regardless of the performance of the Index, subject to Deposit Taker risk.
CURRENCY GBP
STRIKE DATE 12/07/2024
ISIN GS00SD001647
COUNTERPARTY Goldman Sachs International
TYPE Deposit
RETURN & BARRIERS
Issuer: Goldman Sachs
Investment Term: 2 years 1 week
Payment Rate: 8.00% p.a.
Capital Protection: Your Initial Capital will be returned in full at maturity regardless of the performance of the Index, subject to Deposit Taker risk.
MATURITY DATE
13/07/2026
FINAL MATURITY DATE
13/07/2026