Hi,

I'm not sure whether here is the right place to ask this but...have you guys ever heard of FRNID products? -Floating Rate Negotiable Instrument of Deposit...

Seems to be offering higher interest (or coupons as they called it...)

Capital guaranteed, but need to keep money long term (well, longer than FD)

Min. 65k and 5k subsequent increment.

Any views? Or is there a subtopic in LYN? Can't find it...

Tq