Press news


03.08.2010

Perły Parkietu Investment Deposit in Bank Millennium

Bank Millennium has started subscription for Perły Parkietu Investment Deposit. The product can generate an attractive rate of return (8% per annum) with full guarantee of principal.

The Perły Parkietu Investment Deposit is based on a basket of six companies listed on the Polish stock market, comprising: PKO BP, BZ WBK, PZU, PKN ORLEN, KGHM, PGE. The product aims to generate a high yield - 8% per annum - assuming that quotations of at least five underlying companies on the day of 2nd observation will be equal to or higher than on the day of 1st observation.
Terms and conditions of the Perły Parkietu Investment Deposit:
  • If quotations of at least five out of the six underlying companies grow or remain unchanged, the yield on the deposit will be 8%
  • The interest rate on the deposit during the subscription period is 4%
  • If the deposit is terminated prematurely and after the start of the investment period, a handling fee shall be charged at the rate of 3% of the investment value
  • Investment currency: PLN
  • Minimum investment amount: PLN 2000
  • No fees for setting-up of the Investment Deposit.
Perły Parkietu Investment Deposit - key dates:
  • Subscription period: 2 - 30 August 2010
  • Investment period: 31 August 2010 - 31 August 2011 (1 year)
  • 1st observation: 31 August 2010
  • 2nd observation: 26 August 2011
The Deposit can be set-up in Bank Millennium branches throughout Poland as well as in the Millenet online banking system.