Scoop Structured Deposit
Negotiated parameters include:
- reference period
- the upper and lower limits of the reference exchange rate band
The resulting interest income is calculated according to the following formula:
- Deposit amount x min. interest rate in % p.a. if the reference exchange rate reached the lower or upper limit of the band during the reference period
- Deposit amount × max. interest rate in % p.a., if the reference exchange rate remained in the band between the lower and upper limits of the band during the reference period
The day of the beginning of the reference period is usually the day of the trade value + max. 2 working days, the day of the end of the reference period is exactly the day of maturity of the trade - 2 working days
Structured digital deposit
Negotiated parameters include:
- minimum and maximum interest yield
- the value of the threshold, the achievement of which determines the resulting interest income
The resulting interest rate is either:
- The maximum interest rate, if the condition for its payment is met (e.g. on the specified day and time, the value of the reference exchange rate is lower than or equal to the specified threshold)
- The minimum interest rate, if the condition for paying the maximum interest rate is not met
Structured binary deposit
Negotiated parameters include:
- reference period
- the upper and lower limits of the reference exchange rate band
The resulting interest income is calculated according to the following formula:
- deposit amount x min. interest rate in % if the reference exchange rate reached the lower limit during the reference period
- deposit amount × max. interest rate in % if the reference exchange rate has reached the upper limit during the reference period
- deposit amount × mid. interest rate in % if none of the facts mentioned above occur during the reference period. Based on your wishes, this deposit can be structured so that the maximum interest rate is the rate paid when the lower limit is crossed (and the min. interest rate would be valid when the upper limit is crossed).
Wedding Cake Structured Deposit
Negotiated parameters include:
- reference period
- the upper and lower limits of the narrow and wide bands of the reference exchange rate
The resulting interest income is calculated according to the following formula:
- deposit amount x max. interest rate in % if the reference exchange rate remained in the band between the lower and upper barriers of the narrow band during the reference period
- deposit amount × mid. interest rate in % if the reference exchange rate remained in the band between the lower and upper barriers of the broad band during the reference period
- deposit amount x min. interest rate in % if the reference exchange rate remained neither narrow nor broad during the reference period
The day of the beginning of the reference period is usually the day of the trade value + max. 2 working days, the day of the end of the reference period is exactly the day of maturity of the trade - 2 working days.
Corridor Structured Deposit
Negotiated parameters include:
- number of monitored periods
- the upper and lower limits of the reference exchange rate band
The resulting interest income is calculated according to the following formula:
- resulting interest yield = deposit amount × resulting rate (p. a.)
- resulting rate (p. a.) = min. interest rate + (max. interest rate - min. interest rate) × number of periods in which the reference exchange rate fixing remained in the band between the upper and lower barriers ÷ total number of periods
