Events


			


01 Nov 2011

BFA Bank has made a new indexed deposit

BFA Bank offers a new deposit for individual clients: “Unite – Gold for Growth Indexed Deposit”. We offer the most current deposit conditions taking into account clients’ needs and the current market situation.

Our indexed deposit allows clients to, on the one hand, be guaranteed of keeping their initial investment on the deposit, as provided for by BFA Bank’s participation in the Federal Deposit Insurance Agency. On the other hand, deposit holders get both a fixed interest rate and additional variable interest.
If at the end of the deposit term gold prices have not changed or have gone down, the client will get back his or her initial investment and 0.1% interest. If gold prices have gone up, the client gets additional interest which is equal to the investor’s equity share in the growth of the chosen asset.

Conditions for the “Unite – Gold for Growth Indexed Deposit”
Deposit currency – US dollars.
Minimum deposit investment – $100,000.
Deposit term – 181 days, 270 days, 367 days.
Equity share in the growth of the asset price – 18% for a term of 181 days, 20% for a term of 270 days, 25% for a term of 367 days.
The interest date on the deposit depends on the growth in gold prices for the period of the deposit placement.
Asset – futures contracts for gold with closest date of performance on the COMEX exchange (CME Group). The limit on growth in asset price is 50%.
Interest is paid at the end of the deposit term together with the initial deposit sum to the client’s operating account.
Additional contributions and prolongation are not available for this deposit.


(812) 458-54-54
36A Petrogradskaya emb.
Saint-Petersburg, 197101, Russia
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