New products Eurobank Private Banking

16 September 2003

Three new products of the “eurobank capital protect” series, with full capital protection at maturity are offered by Eurobank Private Banking to investors in the period from September 15th to October 15th.

Three new products of the “eurobank capital protect” series, with full capital protection at maturity are offered by Eurobank Private Banking to investors in the period from September 15th to October 15th.
The new products have the following features:

Callable Range Accrual (USD) VI : A USD-denominated callable deposit linked to 3M USD Libor. During the first year, the investor receives quarterly an annualized guaranteed return of 6.75%. For the rest of the investment, the investor receives quarterly an annualised return of 6.75% for every day 3M USD Libor is below 7%. The maximum duration is 10 years but the Bank reservesthe right to call the deposit at the end of the first quarter and quarterly thereafter, paying the investor 100% of the initial capital plus the return corresponding to that time period.

SuperTarget (USD): A 10-year USD-denominated deposit linked to the 6 month USD Libor. The deposit will be called if the total capital gain exceeds 12% at any payment date. If this will not occur at any time until expiry then the Bank will pay the difference of the cumulative return that has been paid until then from the 12%.

Global Allocator (EUR) III: A Euro-denominated 5-year investment linked to the return of a balanced portfolio that is composed by selected mutual funds (40% Bond funds, 40% equity funds, 20% Fund of Hedge Funds). The minimum investment amount is 50,000 EUR or USD.
The new products are available, in order of request, at the Private Banking Units as well as at the branch network of Eurobank all over Greece.