HSBC Bank Malta is once again opening up more opportunities for cautious investors who do not wish to risk their hard-earned capital. The latest edition of the bank’s Equity Linked Deposit Account (ELDA) offers a range of investment opportunities over a fixed five-year term through which HSBC customers can participate in the Dow Jones Eurostoxx 50 Index, the FTSE 100 Share Index, the Hang Seng Index and the NASDAQ Index.

HSBC’s new ELDA five-year deposit is available with a fresh range of options. Customers will have the choice of having their investment denominated in either, the Maltese lira, the euro, sterling or the US dollar. During the first three years of the investment, an annual guaranteed interest rate will be paid on half of the capital. The rate of interest depends on the currency in which the account is denominated. At the end of the first three-years on 11 March 2008, half the original capital will also be paid to the customer.

This is the first time that the Hang Seng Index is being used in HSBC’s ELDA products. The Maltese lira denominated ELDA offers a return based on any growth of this index. This initiative presents exciting new opportunities for local investors. As regards the Foreign Currency ELDA, there is a participation in any growth of a Composite Index. This is composed of equal parts of the Dow Jones Eurostoxx 50 Index, the FTSE 100 Share Index, the Heng Sang Index and the Nasdaq 100 Index. This is the first time that a Composite Index composed of four international markets has been used.

At the end of the five-year period, on 11 March 2010, the remaining balance on all ELD accounts will be paid back together with a rate of return which will reflect a 50 per cent participation in any growth of the respective indices.

“The Equity Linked Deposit Account is one of HSBC’s most established and popular products. In a low interest rate scenario, investors look for opportunities to increase their income without any risk to their original capital. ELDA’s success is based on three factors; capital security, a guaranteed interest rate, and the opportunity to benefit from any growth in the world’s stock markets. The new ELDA issue reflects HSBC’s ongoing effort to provide cautious investors with different choices that will help them to get the most out of their money,” said HSBC’s Head of Marketing & Communications, Godfrey Swain.

For more detailed information contact HSBC on Customer Helpline 2380 2380 or visit your nearest HSBC Bank Malta branch and speak to one of the Financial Planning Officers.