Global Banking News-March 8, 2018--HSBC launches dollar income bond
for local investors in Singapore
E Fund is in the process of applying for new quotas for its RMB fixed income bond
, after the first batch of RMB 1.
Barclays Capital, the wealth unit of Barclays Plc (LSE: BARC), has announced that it has launched an income bond
For a current income bond
, the Wizard shows the current interest rate, the bond's next payment and final maturity dates, and allows a user to enter the amount of interest deferred from other bonds applied to the purchase of the current income bond
RBC Global Asset Management Inc, a part of Royal Bank of Canada (RBC) (TSX: RY) (NYSE: RY), has said that the name of RBC Monthly Income High Yield Bond Fund will change to RBC Strategic Income Bond
Fund, effective January 25, 2016,.
The group is also launching two new bonds from tomorrow - the Guaranteed Income Bond
, under which customers will be paid interest monthly, and the Guaranteed Growth Bond, under which people receive it at the end of their investment term.
EE # A: One option could be a high income bond
, which offer a gross income up to about seven per cent per annum.
We had a cheque from one client for pounds 200,000 this morning - to go straight into a Guaranteed Income Bond
Q I TOOK out a guaranteed Income bond
five years ago for pounds 5,000 which has just finished.
The bank is also planning to offer the Regular Income Bond
, an income-only plan based on the Dow Jones Stoxx 50 index and a new five-year Super Tracker that would offer five times any FTSE100 rise up to 80 percent, provided the index does not fall by 50 percent and fails to recover.
The Guaranteed Income Bond
offers a monthly income option, while the Guaranteed Growth Bond pays interest at the end of the term.