Gold Deposit |
 |
Gold Deposit is a cash deposit in the Bank for a fixed term, with the interest rate pegged to the price of a specific financial instrument and is pre-settled by the Bank and the Client. It is a unique short-term investment opportunity yielding great returns. The deposit features 100% capital protection, meaning that the invested funds are absolutely safe.
Gold Deposit is a mid-point between the standard deposit and investments in the financial instruments. In a favourable financial market this deposit offers a higher yield than a standard deposit, and if the market turns negative, it guarantees the protection of the principal sum usually lacking in financial market operations.
The interest rate is set depending on the initially discussed price margin of the financial instrument. The interest payment is made if the price of the chosen financial instrument by the end of the deposit term does not reach any of pre-settled margins. If the price of the financial instrument surpasses any of the previously established limits, no interest payment is made.
Types of Gold Deposit
- Conservative, the interest rate 1% more than the standard deposit rate
- Balanced, the interest rate 2% more than the standard deposit rate
- Aggressive, the interest rate 3% or more than the standard deposit rate
The aforementioned types of deposits not only have different levels of risk, but also differ in the price of the attached financial instrument.
Over 80% of investments into Conservative Gold Deposit are successful.
Money Market Operations Team
Tel: 6 701 0590, 6 701 0817
e-mail: money.market@parex.lv
|