News in brief

HSBC

HSBC Malta has launched its five-year, capital-protected equity-linked deposit (ELD) in a Maltese lira-denominated account.

The product is split, with half of the capital put into a three-year deposit account paying 3.75% annually (equivalent to 1.41% a year on the total balance over the five years of the product). This capital will be returned to the investor at the end of the three-year term on December 28, 2007. The other half is put into a capital-guaranteed, five-year deposit that

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