OREANDA-NEWS. November 10, 2008. These investment deposits are SEB term deposits whose interest is linked to an index that follows interest rate differences and exchange rate movements of ten major currencies. The principal amount of the deposit is 100% protected by the end of the deposit period, reported the press-centre of SEB Bank.

The underlying asset of the G10 Currency Strategy investment deposit is an index compiled by Barclays Bank (UK) which earns possible income by means of investing in currencies with higher interest rates and lending money in currencies with lower interest rates.

The index involves the currencies of the G10 countries and may comprise the following: US dollar, Japanese yen, Canadian dollar, Swiss franc, British pound sterling, Australian dollar, New Zealand dollar, Norwegian krone and Swedish krona. The proportions of currencies are altered dynamically on a monthly basis in accordance with the principles developed by Barclays. Maintaining control of price fluctuations is one of the most important criteria in altering the relative shares of currencies.

It pays to buy the G10 Currency Strategy investment deposit for the following reasons:
It enables you to invest in a novel investment product with full capital guarantee.

The principles of managing the index ensure low price fluctuations (with realised volatility ranging between 4% and 6%).

It is possible to earn returns in every market situation. The index may take both long and short positions in currencies, which allows it to earn returns in every market situation.

It offers an opportunity to diversify your investment portfolio. The deposit product has historically demonstrated very low or negative correlation to other financial assets.

The historical rate of return of the underlying asset of the G10 Currency Strategy investment deposit over the last five years is compared to the rate of return of the overall world index in the graph.

NB! Rates of return in previous periods do not constitute a promise or an indication of the rates of return in future periods.

The Investment Deposit comes with a 100% guarantee
If you keep your money in this investment deposit until the end of the deposit period, we guarantee that the amount invested by you will be paid back to you.

Investment deposits are opened in Estonian kroons and euros. Estonian kroons and euros are converted when the deposit is opened and closed, using the EUR/EEK central rate established by the Bank of Estonia.

The detailed contract and offer terms of the Investment Deposits are available on our homepage and at all SEB branches. You can also make appointments for consultations on the Internet and at branches. Investment deposit contracts can be signed via our Internet bank, U-Net, and at our branches.

Advantages of investment deposits:

100% capital guarantee at the end of the deposit period

The opportunity to participate in markets that single investors find difficult to enter

The rate of return may be considerably higher than the interest of ordinary term deposits

No holding costs when compared to equities or bonds

This offer will remain valid until 1 December 2008.