HSBC issues new capital-secured ELDA BRIC Currencies with a 6.25% return potential

On 22 December 2010, HSBC Malta launched the 25^th issue of its Equity Linked Deposit Account (ELDA). This product offers depositors capital security and the potential of higher annual returns than those normally offered by other deposit accounts.

10 January 2011, 12:00am

The return on this ELDA is linked to the performance of a currency basket composed of the Brazilian Real, Indian Rupee, Russian Ruble and the Chinese Renmimbiagainst the euro thus giving customers access to high growth emerging markets. The 5-year ELDA which can yield up to 6.25% interest per annum, is denominated in EUR, and requires a minimum deposit of €2,500.

The closing date for this limited issue is 05 February 2011, but the Bank may close the offer earlier if it is oversubscribed.

HSBC issues new capital-secured ELDA BRIC Currencies with a 6.25% return potential

On 22 December 2010, HSBC Malta launched the 25th issue of its Equity Linked Deposit Account (ELDA). This product offers depositors capital security and the potential of higher annual returns than those normally offered by other deposit accounts.

On 22 December 2010, HSBC Malta launched the 25^th issue of its Equity Linked Deposit Account (ELDA). This product offers depositors capital security and the potential of higher annual returns than those normally offered by other deposit accounts.