Potential return of up to 6% p.a., guaranteed minimum of 1% p.a.

Following the success of the previous issues, HSBC Bank Malta is launching the 28th issue of its Equity Linked Deposit Account (ELDA). This issue offers Maltese and international depositors 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 requires a minimum of €2,500 and will be open for five years. The ELDA attracts a guaranteed return of at least one per cent per annum with a potential maximum return of six per cent per annum on the amount deposited. On every valuation date, if the average value of the indices registers an increase of more than one per cent since Strike Date of 17 August 2011, account holders will receive a return equivalent to that growth, subject to a maximum return of six per cent. If the average growth in the index basket is less than one per cent, account holders will receive a return of one per cent on the capital deposited. The account will be closed on 24 August 2016 and 100 per cent of the capital deposited will be paid back on this date.

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

More information about ELDA can be obtained from HSBC’s Customer Service on 2380 2380, at www.hsbc.com.mt, or in HSBC branches around Malta and Gozo.