HSBC's AIDA 8 guarantees return on investment

HSBC has launched the eighth issue of the successful Annual Income Deposit Account which offers depositors a guaranteed annual return on their capital, ranging from a minimum of one per cent p.a. or a maximum of five per cent p.a. The minimum deposit of €2,500 is required.

AIDA 8 depends on the trading performance of the underlying index Dow Jones Eurostoxx 50. This issue offers an exciting and different structure from previous AIDA product tranches, giving depositors a guaranteed annual return on their capital whether markets improve or deteriorate. AIDA will pay a coupon of one per cent if, on anniversary, the index value is less than the trading value as on strike date, or five per cent if it registers a growth or is equal to the strike date value.

The closing date for this limited issue is July 3, but HSBC may withdraw the offer at any time prior to the closing date.

More information about AIDA 8 may be obtained from the Customer Service on 2380 2380, HSBC's website at www.hsbc.com.mt or any HSBC branch around Malta and Gozo.