Following the success of the previous issues, HSBC Bank Malta is launching the 28th issue of its Equity Linked Deposit Account (ELDA). To Maltese and international depositors, this issue offers capital security and the potential of higher annual returns than those normally offered by other deposit accounts, coupled with the benefit of HSBC’s global expertise.

Denominated in euro, ELDA Emerging Market Indices II gives customers exposure to the emerging markets and dynamic economies of Brazil, Taiwan, Hong Kong and Russia. Depositors will be able to benefit from a return linked to the performance of an index basket composed of iShares MSCI Brazil ETF, MSCI Taiwan, Hang Seng and Russian Depositary.

The account re quires a minimum of €2,500 and will be open for 5 years. The ELDA attracts a guaranteed return of at least 1% per annum with a potential maximum return of 6% per annum on the amount deposited. On every valuation date, if the average value of the indices registers an increase of more than 1% since Strike Date of 17 August 2011, account holders will receive a return equivalent to that growth, subject to a maximum return of 6%. If the average growth in the index basket is less than 1%, account holders will receive a return of 1% on the capital deposited. The account is closed on the 24 August 2016 and 100% of the capital deposited is paid back on this date.

The sales closing date for this limited issue is 13 August 2011, but may be closed earlier if oversubscribed.