Blue-chip baskets promise to double

Irish Life & Permanent and BCP have introduced new Double Growth Tracker Bonds

Irish Life & Permanent and BCP have introduced new Double Growth Tracker Bonds. These capital secure bonds guarantee double the growth achieved by the "Blue-chip World Equity Basket", subject to maximum limits.

The three and a half year Double Growth Bond offers 100 per cent capital protection with double the growth up to a maximum of 34 per cent.

The five and a half year Double Growth Bond offers 90 per cent capital protection and double the growth up to a maximum of 80 per cent.