Bank of Valletta has launched a new edition of the ‘Fidda’ account, a six-year term deposit offering access to diverse markets globally and guaranteed capital and income.

The structured deposit account denominated in euro, US dollar, sterling or Australian dollar offers 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 so that investors will be receiving the first year’s interest soon after making the deposit.

The account is available until August 12 or earlier at the bank’s discretion. Information is available at www.bov.com or by calling the Customer Service Centre on 2131 2020.

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