HSBC Malta's latest Equity Linked Deposit Account (Elda) is linked to the performance of a basket of five German stocks comprising Allianz, Siemens, Eon, Bayer and Deutsche Telekom.
This five-year deposit account, which is the twenty-fourth in the series, is denominated in euros. Each year, if the price of all the underlying shares are above their strike dates, a coupon of 8% is paid.
The closing date for this limited issue is 22 July and requires a minimum deposit of €2,500.