HSBC Bank Malta has launched a new Medium Term Note (MTN), the MTN Euribor III (EUR). This five-year investment is 100 per cent capital protected if held to maturity, and is denominated in euros. It is aimed at investors seeking higher potential returns but with no risk to the invested capital.

Leveraging the expertise of the HSBC Group to bring the best investment solutions to Malta, the new MTN Euribor III has been created to benefit from the value of 3-month Euribor rate.

At the end of each year, customers are paid the Euribor rate as determined on the fixing date. If the Euribor rate is below 1.9 per cent per annum, customers will receive a guaranteed minimum payment of 1.9 per cent per annum. If the Euribor rate is above 1.9 per cent per annum, customers will receive the Euribor rate, at a maximum of five per cent per annum. On maturity date, customers will receive their final coupon payment and a guaranteed 100 per cent of the invested capital.

Investors can obtain a full description of the product and apply for the MTN Euribor III up to 28 January 2012 by visiting their nearest HSBC branch. For more information, visit www.hsbc.com.mt or telephone 2380 2380.