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Měnový prémiový vklad v USD 11/2019




2019/12/14 07:40:01
Bid Ask
100.00 -
Minimum yield 0.02% p.a.
Difference 0.00% (0.00)

General attributes

Product typePremium deposits FX
IssuerČeská spořitelna, a.s.
Issue date2019/10/29
CurrencyUSD
UnderlyingUSD/EUR
Capital guarantee100.00%
Maturity2020/11/30
Minimum rate1.00% p.a.
Basic lower rate1.00% p.a.
Premium upper rate2.00% p.a.
Range width0 až 0.10 USD
Barrier in %-
Investor tolerance1 (scale 1-7)

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The information on the locked yield of products (in % p.a.) is only informative and is not binding for actual payment. The final yield value that is to be paid for the full product duration will be calculated shortly before its maturity. The previous performance will not guarantee the future performance.
Source: Česká spořitelna, a. s.
Advantages Disadvantages
  • Deposit tenure 1 year.
  • The deposit is managed in USD.
  • Premium deposits and their yields are subject to insurance alike other term deposits.
  • The deposits are deposited at Česká spořitelna and are set up and managed free of charge.
  • The minimum investment is $ 500 (and multiples of $ 100).
  • The offer applies to deposits set up from 29/10/2019 till 26/11/2019.
  • The period of floating interest rates lasts from 01/12/2019 to 27/11/2020. 
  • Till 28/11/2019, the uniform rate of 1,00% p. a. is applied to the deposit 
  • interest yields are subject to the same tax as other deposit products
  • with selected issues of premium deposits, the Bank may determine the deposit minimum limit

Secondary market

The premium deposit with the features as stated above may only be set up till deposits in the amount corresponding to the type of premium deposit as determined by the Bank have been paid down. Currency premium deposits may be terminated ahead of schedule at ČS branches at any time. In such a case, however, a fee amounting to 2% of the withdrawn amount is charged due to additional bank costs.

Disclaimer

A Premium Deposit with the stated properties can only be set up till the volume of the issue of Premium Deposits as determined by the bank is used up. Currency Premium Deposits may be terminated ahead of schedule at Česká spořitelna branches at any time. In such a case, however, a fee is charged pursuant to the Premium Deposit Contract due to additional bank costs. You will get more details of advantages, risks and other significant circumstances related to Premium Deposits at the branches of Česká spořitelna. The information sources used are generally regarded as reliable, although Česká spořitelna  or Erste Group Bank cannot guarantee the correctness and completeness of the information contained therein. The aim of this web page is to give information on the services and products contained therein; it is not a binding proposal establishing any rights and obligations for participants. All information you can find here is of informative nature only. Before using the web page for investment, a specialized Česká spořitelna consultant should be consulted.


2019/12/14 07:40:01
Bid Ask
100.00 -
Minimum yield 0.02% p.a.
Difference 0.00% (0.00)

General attributes

Product typePremium deposits FX
IssuerČeská spořitelna, a.s.
Issue date2019/10/29
CurrencyUSD
UnderlyingUSD/EUR
Capital guarantee100.00%
Maturity2020/11/30
Minimum rate1.00% p.a.
Basic lower rate1.00% p.a.
Premium upper rate2.00% p.a.
Range width0 až 0.10 USD
Barrier in %-
Nominal amount100.00
Underlying price1.11222
Underlying price date2019/12/13
Strike day2019/11/29
Observation periodDaily
First trading day2019/10/29
Last trading day2019/11/26
Revolvingyes
Minimum investment500
Maximum yield2.00% p.a.

Premium deposits FX | Description

Premium deposits are the right products to deposit funds that are free for a limited period of time.  The premium of the currency premium deposit depends on the development of the determined currency pair. Interest is applied every day at a higher or lower rate depending on whether the exchange rate is inside or outside the determined range. The range is changed for every month pursuant to the last rate in the previous month. The total deposit yield is a sum of yields for all days of the premium period.

Description Yield Calculation

Interest at a rate of 1,00% or 2,00% p. a. is paid on the premium deposit every day. The higher interest rate will be applied if the USD/EUR exchange rate as announced by CNB for the respective day is inside the determined range (including limiting values). Thus the resulting deposit yield will be a sum of the yields for individual interest days. The first determining range will be set pursuant to the exchange rate as announced by CNB on 29/11/2019. The limit of the determining range will be 10 cents (USD) below the rate. The yield depends on the development of the USD/EUR exchange rate as announced by CNB for every day. The higher yield falls on the day that dollar becomes stronger in the determined range in comparison with its rate at the beginning of the month. The determining range for the determination of the premium will be set monthly pursuant to the current value of the exchange rate, in the range from USD 0 to 0.10.
Principal and yield payout from 30/11/2020.


Disclaimer

A Premium Deposit with the stated properties can only be set up till the volume of the issue of Premium Deposits as determined by the bank is used up. Currency Premium Deposits may be terminated ahead of schedule at Česká spořitelna branches at any time. In such a case, however, a fee is charged pursuant to the Premium Deposit Contract due to additional bank costs. You will get more details of advantages, risks and other significant circumstances related to Premium Deposits at the branches of Česká spořitelna. The information sources used are generally regarded as reliable, although Česká spořitelna  or Erste Group Bank cannot guarantee the correctness and completeness of the information contained therein. The aim of this web page is to give information on the services and products contained therein; it is not a binding proposal establishing any rights and obligations for participants. All information you can find here is of informative nature only. Before using the web page for investment, a specialized Česká spořitelna consultant should be consulted.

2019/12/14 07:40:01
Bid Ask
100.00 -
Minimum yield 0.02% p.a.
Difference 0.00% (0.00)

2019/12/13 22:59:57
Price
1.11222 USD
1 EUR = 1.11222 USD
1 USD = 0.89910 EUR
Difference -0.54% (-0.01)

General attributes

Exchange rate-
Exchange OTCD FX Premium
Security typeCurrency

Market data

Open1.11831 USD
High1.11861 USD
Low1.1110 USD
Close (prev. day)1.11831 USD

Performance and Risk

1W6m1Y3Y
Perf (%)+0.71%-0.97%-1.66%+5.09%
Perf (abs.)+0.01-0.01-0.02+0.05
Beta----
Volatility4.994.504.776.09

Futures and Options

Related Futures81
Related Options-
Scale: ABS REL         Underlying

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Please pay attention to currency units, monitor purchase and sale prices. Some currencies are quoted in other units.
Source: FactSet

Price data

Ø price 5 days | Ø volume 5 days (pcs.)1.11061 USD (0)
Ø price 30 days | Ø volume 30 days (pcs.)1.10525 USD (0)
Ø price 100 days | Ø volume 100 days (pcs.)1.10500 USD (0)
Ø price 250 days | Ø volume 250 days (pcs.)1.11636 USD (0)
YTD High | date1.15698 USD (2019/01/10)
YTD Low | date1.08780 USD (2019/10/01)
52 Weeks High | date1.15698 USD (2019/01/10)
52 Weeks Low | date1.08780 USD (2019/10/01)

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