HSBC Global Asset Management (Malta) Limited launched a new 3½-year Medium Term Note aimed at investors seeking potential for higher returns with 100 per cent capital protection. By using its HSBC Global Asset Management capability, HSBC is the only bank in Malta that is able to offer such innovative investment products.

This HSBC Emerging Markets Currency Basket Note 2013 is available in EUR, USD and GBP. The income is based on the performance of an equally weighted underlying basket of six emerging market currencies versus the USD: the Brazilian real, Russian rouble, Indian rupee, Chinese yuan, Taiwanese dollar and the Korean won.

If, at maturity, the basket of currencies strengthens against the USD, investors receive 100 per cent of the increase applied to their initial capital and their capital back. If the basket of currencies weakens against the USD, no increase will apply but investors still receive their full capital back.

The offer is valid until 13 March with strike date on 26 March. The offer may close earlier if oversubscribed.

“Our customers continue to look for opportunities to increase their income returns and at the same time have peace of mind in protecting their capital,” said Chris D A Bond, Head of Global Banking and Markets. “By using our HSBC Global Asset Management capability, HSBC is the only bank in Malta that is able to offer such innovative investment products.”

Applications can be obtained from any HSBC branch in Malta and Gozo. For more information call 2380 2380 or visit the website www.hsbc.com.mt.