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Managing your money
Prestige "Plus" FX Linked Structured Deposit
How it works
- Deposit is linked to the performance of your chosen currency pair
- Deposit pays out an enhanced interest payment at maturity, if the exchange rate of the linked currency pair hits or exceed the pre-set barrier rate any time during the observation period of the deposit
- At maturity, the original deposit is returned along with either an enhanced interest payment or a minimum interest payment
Example
| Deposit currency | USD 100,000 | Linked currency pair | EUR/USD |
| Customer view | EURO will appreciate to 1.4525* or higher within 1 month |
| Deposit period | 1 Month |
| Spot rate | 1.4525* | Barrier rate | 1.4815* |
| Enhanced interest rate if the barrier rate is reached or exceeded at any time during the observation period | 3.75% p.a.* |
| Minimum interest rate if the barrier rate is not reached any time during the observation period | 0.05% p.a.* | Fixing date | 2 Business days before the maturity date |
| Observation period | From and including the Trade Time on the Trade Date up to and including 3.00pm Tokyo time on Fixing Date (being the period of time the exchange rate is measured against the barrier rate). |
| Upon maturity customer receives |
100% of principal and enhanced interest of 3.75%*pa if the barrier rate is reached or exceeded or 100% of principal and minimum interest of 0.05%*pa if the barrier rate is not reached |
*Indicative rates only, for illustration purposes
Need more information?
For further information, please talk to your Relationship Manager, call our Customer Service Centre on +94 11 4 4722 72 or stop by at your nearest
Branch. You could also contact us via e-mail wealthmanagementdeskcbh@hsbc.com.lk.
