‘100% Principal Protection plus Maximum Return of 10.00 % p.a. - Citibank Korea Equity Linked Deposit (ELD)
‘Samsung Electronics ELD 2’ offers 10.0% p.a.(before tax) of maximum yield and has a tenor of 1 year, and is linked to stock price(closing price) of Samsung Electronics. ’Samsung Electronics ELD 2’ provides fixed rates 4.5% p.a.(before tax) for barriers between -25% and +25% and fixed rates 10.0% p.a. (before tax) for barriers between -15% and +15%.(Double barrier digital option)
As financial markets grow more volatile recently and varied investment products make negative returns, these Linked Deposits are drawing keen attention from customers who want 100% principal protection plus high returns. The Linked Deposits return full principal amounts to subscribers at maturity even if the concerned indices decline and offer opportunities to invest in diverse underlying assets without risking principal loss as long as they are not redeemed early.
*Note: Principal protection is assured only if the products are held to maturity. Early redemption results in rate of 0% and early redemption fees will risk principal. Even at maturity, the rate may be 0% depending on the movement of the linked index.
Website: http://www.citibank.co.kr
Contact
Shin, Hyeon Jeong
Communication Dept.
Citibank Korea Inc.
+82-2-3455-2330
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This news is a press release provided by Citibank Korea Inc.. Korea Newswire follows these editorial guidelines.
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3월 28일 16:56