This bond aims to provide a continuously competitive interest rate for investors and allows monthly access with a flexible investment term.
Key Features
- Floating interest rate linked to the ECB’s Euro Short Term Rate (€STR) less an adjustment of 1% p.a.
- Flexible investment, monthly access with 1 weeks prior notice and no fixed investment term.
- Redeemable monthly at the option of the Investor and also Callable by the Issuer.
- 100% Capital protection is provided by Societe Generale (Moody’s A1 / S&P’s A / Fitch A).
- This Bonds interest rate can not become negative if rates fall as returns are floored at 0%.
- This is a low risk investment (SRI Risk Score 2 out of 7).
- Minimum investment: €100,000.
Why Invest?
This 100% protected bond has been designed so that investors may achieve a greater return on short term funds then they may get from most retail banks. The €STR interest rate is a variable rate, calculated daily and based on the Euro interbank lending market. €STR is independently calculated and published by the European Central Bank (ECB), with the aim of ensuring greater transparency and fairness in the market.
