Fixed Rate CNY (offshore) - Linked SIP is a structured product embedded with interest rate and foreign exchange rate options.
You will receive a fixed interest amount and 100% principal amount on the Deposit Maturity Date if there is no Currency Event designation by the Bank.
Please refer to the product offering documents for detailed product terms and information.
|Minimum Deposit Amount||HKD 100,000||USD 10,000|
|Deposit Multiples||HKD 50,000||USD 5,000|
|Deposit Tenor||Normally less than or equal to 1 year|
|Interest Rate of SIP (p.a.)|
*Indicative rates of 9-Month Fixed Rate CNY(offshore)-Linked SIP as of 8 Mar 2011.
Please check with the Bank for the latest indicative rates.
|Interest||If there is no Currency Event Designation by the Bank, |
|Spot Rate||A rate expressed as the amount of Chinese Renminbi (CNY) per one unit of Settlement Currency (stated in the SIP Order Form).|
|Forward Rate||A rate expressed as the amount of Chinese Renminbi (CNY) per one unit of Settlement Currency (stated in the SIP Order Form).|
DBS Bank (Hong Kong) Limited is not your investment adviser or acting in any fiduciary capacity to you. The above information is not and shall not be considered as investment advice. It does not constitute any offer or solicitation of offer to subscribe, transact or redeem any investment product. Investment involves risk. Past performances are not indicative of future performances. You should not rely on the above information alone to make any investment decision. You should carefully read the product offering documentation and our "Investment Products Consolidated Terms and Conditions" for detailed product information and risk factors prior to making any investment. If you have any doubt on this material or any product offering documentation, you should seek independent professional advice.
Structured Investment Product is a structured product involving derivatives ("the Product"). The investment decision is yours but you should not invest in the Product unless DBS Bank (Hong Kong) Limited has explained to you that the Product is suitable for you having regard to your financial situation, investment experience and investment objectives.
The Product is NOT principal protected. The Product is NOT a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong. The Product is different from traditional time deposits and should not be treated as their substitutes.