Bank of Valletta has launched a new edition of the BOV FIDDA Account, a six-year term deposit offering access to diverse markets globally and the peace of mind of guaranteed capital and income. 

The BOV FIDDA Account is a structured deposit account denominated in euro, US dollars, pounds sterling or Australian dollars. It offers a 100 per cent capital guarantee if held until maturity, with attractive step-up interest rates on half of the deposit, plus a potential Bonus Interest on the remaining half of the deposit, linked to the performance of four international stock market indices payable on maturity. With this latest edition of FIDDA, the guaranteed step-up interest is paid in advance hence investors will be receiving the first year’s interest soon after making the deposit.

“Bank of Valletta is once again providing an excellent investment opportunity for investors with the third edition of the BOV FIDDA Account,” said Charles Borg, Chief Officer, Financial Markets and Investments at Bank of Valletta. “Following the success of the first two editions of the BOV FIDDA Account, the bank is once again offering a guaranteed income, potential growth and the peace of mind of full capital guarantee through another innovative deposit product.”

The account is available to the general public until 12 August 2011 or earlier at the bank’s discretion.