Citibank Bahrain has launched two new structured products for Middle East investors.
The first is a five-year, capital-protected, US dollar-denominated note that pays a semi-annual coupon of 5% pa as long as six-month USD Libor remains within specified ranges.The second option is a euro-denominated capital-at-risk note linked to the DJEurostoxx50 index with a potential return of 11% pa.
"We have specifically designed these products to fit the growing needs of the of the sophisticated wealth management customers in Bahrain. Both these options are ideal for investors who want returns higher than fixed deposits, but who also want a safety net to protect the downside risk on their investment,” said country head Ashish Bhugra.