Bank Austria launches ErfolgsAnleihe with 3.65 per cent interest in the first year
The new ErfolgsAnleihe with fixed interest of 3.65 per cent for the first year is now available in all Bank Austria branches. After the end of the first year, the interest rate will be adjusted semi-annually to the six-month EURIBOR interbank rate with no deductions, allowing the investor to profit from rising interest rates. In addition, a guaranteed minimum annual interest rate of 2 per cent for the remainder of the terms ensures that the investor will see returns even if interest rates stagnate or fall. The interest earnings will be paid out every six months. One share is EUR 1,000, and the minimum investment is EUR 3,000.
The nominal invested capital will be repaid at the end of the four-year term. Investors requiring their capital before maturity can sell their ErfolgsAnleihe shares at the current trading price at any time.
Enquiries: Bank Austria Press Office Austria
Alexander Tröbinger, Tel. +43 (0) 50505 ext. 52809
back to the summary