The deposit provides enhanced returns while protecting principal value when the deposits are held to maturity. The returns are tied to the performance of various financial instruments or indicators such as foreign exchange, equities, bonds, interest rates, indices etc. Investment horizons range from three months to ten years.
Next Steps :
Range Accrual Deposit
Range Accrual Deposits pay the clients interest, usually accrued on a daily basis, as long as the underlying observation index (interest rate, indices etc.) stays within certain predetermined barriers. These deposits give clients the opportunity to earn higher than fixed deposit interest rates.
