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What does EIB mean in cases where it offers principal protection on structured notes?

April 26, 2017cases EIB mean notes offers Principal structured

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What does EIB mean in cases where it offers principal protection on structured notes?

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A principal-protected security only assures receipt of 100% of face value (in the denomination currency) on maturity; anyone who sells it prior to maturity may have to realise a loss of principal.