Lehman Brothers launches Dual Income structured product

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Lehman Brothers has brought out its latest structured product linked to the FTSE 100. Issue 1 of t...

Lehman Brothers has brought out its latest structured product linked to the FTSE 100. Issue 1 of the Dual Income Plan offers a regular, defined income for the five-year term. Investors can choose either an Annual Income Option paying 8.8% per year or a Monthly Income Option paying 0.71% per month. Capital is returned in full at the Plan’s maturity date provided the FTSE 100 does not fall to less than 50% of its starting level. Head of UK structured retail products Paul Adams said: “Income plans continue to be popular in the UK market, providing a regular source of income. “These pr...

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