INVESTMENT DESCRIPTION
A 5 year 2 week Capital Protected Income Deposit in collaboration with Royal Bank of Canada, offering a coupon rate of 1.50% per quarter (6.00% p.a.) on each quarterly observation date should the FTSE™100 Index be at or above it’s Start Level.
CURRENCY GBP
STRIKE DATE 30/08/2022
ISIN UKX CRC 31AUG27
COUNTERPARTY Royal Bank of Canada (London Branch)
TYPE Deposit
RETURN & BARRIERS
Deposit Taker: Royal Bank of Canada (London Branch)
Investment Term: 5 Years 2 Weeks
Payment Rate: 6% per annum (paid quarterly)
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
31/08/2027
FINAL MATURITY DATE
31/08/2027