Ulster Bank has introduced a new investment bond product called the Eurozone 2 Year Bond. It offers double the return from the euro stoxx 50 index if the index rises over two years. At the same time it limits any losses to half should the index fall over the same period.

The euro stoxx 50 index measures the return of the top 50 companies in the euro zone. Investors are guaranteed a net return, after tax, of 18 per cent if the market rises by 9 per cent or more over the two year period.