ARK Life, AIB's life and pensions company, has just issued a tracker bond to mark the bank's long term support of Ireland's Olympic effort.

The Olympic Tracker bond, available for three year or five year terms, is tied to the performance of the world's leading blue chip companies, as it is linked to the Morgan Stanley Capital International World Index (MSCIWI).

The index monitors the performance of all the leading stock markets in the world, weighted to reflect their relative size. Full investment is guaranteed on the bond, and the closing date for application is July 12th 1996.