Ulster Bank: Get the right people behind you

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Money Markets

As we are conscious of the need for you to extract the most value from your cash resources, Ulster Bank Capital Markets offers you a range of deposit options. Your Deposits are supported by Ulster Bank Groups' own financial strength. Ulster Bank continues to have the backing of our parent Royal Bank of Scotland, and their continuing support from the UK Government.
Deposits can be placed from over-night to one year, and non-standard, or indeed longer term periods are available. Minimum principal amounts of €1million or £1million, apply. Terms and Conditions apply.
Our Products Trading Entities
Term Deposits, Certificates of Deposit & Repos: Ulster Bank Ireland Ltd., Ulster Bank Ltd.
Commercial Paper: Ulster Bank Finance PLC
A-1      A

F1+      A+

P-1      A2
Last change to UB ratings was 26-01-2010

Our Economist

All eyes on US GDP numbers today...

The slightly better weekly initial jobless claims reading out of the US was not enough to spur risk appetite on yesterday, especially given the weaker than expected Q2 earnings from some of the key technology and consumer companies. The S&P 500 fell for the third consecutive day, albeit that the decline was relatively modest at 0.4%. Risk appetite remains poor this morning, with weaker than expected industrial production figures out of Japan overnight not helping sentiment. The second estimate of Q2 GDP out of the US today will be key in shaping the next leg of risk trade and the direction for Eur/USD.

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