RBS launches four bonds on Borsa Italiana

Royal Bank of Scotland has launched on Italy’s Borsa Italiana BOT market four bonds denominated in Nordic currencies and Swiss franc.

RBS Danish Krone offers a 1.25% fixed interest rate, with a minimum investment of DKK7500.

RBS Norwegian Krone has a 3.3% interest, with a minimum investment of NOK7500.

RBS Swedish Krona offers annual dividends and a fixed 3% annual interest rate. The minimum investment for the bond is SEK10000.

RBS Swiss Franc pays a 1% annual interest. Minimum investment is CHF1500.
New bonds are available to both institutional and private investors.

Nicola Francia at RBS Italy said the current political and economic situation in Europe is weighting on financial markets and the euro has lost ground against other currencies.

“Investors are looking for protection again the risk of a euro break-up. Even if they don’t offer attractive returns, foreign currency denominated bonds can offer a good risk-return mix,” he said.

preloader
Close Window
View the Magazine





You need to fill all required fields!