YIELD ENHANCING SCHEMES FOR NRIs AT OUR OVERSEAS BRANCHES
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Currency (*) Linked Notes (Star-Safe) |
Accrual (*) Deposits(Star-Delight) |
Range (*) Accrual Notes (Star-Shri) |
CMS Range (*) Accrual (Centenary-Star) |
| Product Description |
Against a basket of 5 currencies |
Returns based on movement of selected currency within agreed ranges |
Returns based on movement of interest within agreed ranges |
Returns based on movement of 2 reference rates within agreed spread |
| Coupon |
Min 0%Max no cap |
Min 0%Max no cap |
Min 0%Max no cap |
Min 0%Max no cap |
| Indicative returns (Subject to changes) |
10% for 2 yr subject to initial and final Currency Spot rates |
8% p.a. if currency is in agreed ranges, Min 1% p.a. |
7.50 % p.a. if the 6 months LIBOR is below 6 % |
7.25% p.a. if 5 year minus 2 year CMS is > - 5 bps |
| Principal |
Protected |
Protected |
Protected |
Protected |
| Minimum Amount |
USD 25000 |
USD 25000 |
USD 25000 |
USD 25000 |
| Maximum Amount |
USD 10 Mn |
USD 10 Mn |
USD 10 Mn |
USD 10 Mn |
| Maximum Amount per deal |
USD 10 Mn |
USD 10 Mn |
USD 10 Mn |
USD 10 Mn |
| Minimum Period |
2 years |
3 months |
3 years |
3 years |
| Callable or Non-Callable (by the issuer) |
Non-call |
Non-call |
Callable |
Callable |
| Maximum Period |
5 years |
12 months |
5 years |
5 years |
Note: (*) (These products are derivatives and hence returns therefrom are not guaranteed.
While investing, customers are advised to acquaint themselves with all the associated risks. Conditions apply)
The above products are offered at our Singapore, Hong Kong & Jersey (Channel Islands) Branches.
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| Note: |
- Kindly note the details given above are not comprehensive.
- Levels shown above are all indicative and subject to change.
- Kindly contact Our Chief Dealer at 0065 63204103 or Manager (Imports and Structured Products) at 0065 63204630 for further information / clarification.
- Kindly express your interest if you want to be on our regular email communication list for such products.
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| Risk Attendant on such products: (in brief) |
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| The following list is not comprehensive, please refer to our “Risk Disclosure Statement” on our website (http://www.boi.com.sg) for detailed information on risks attendant on the transaction: |
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- Though principal is guaranteed at maturity, it is not guaranteed in the event of premature payment for what so ever reason.
- Call feature, if any, is a right with Bank of India for exercising not with the investor.
- Kindly take necessary guidance from an authorized advisor before making any investment in structured deposit product to assess its suitability to your requirements and need of cash flows.
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