This instrument pays a high fixed return in the invested currency. Capital repayment is linked to the currency pair’s (e.g. EUR/HUF) exchange rate at the end of the term.
In the case of foreign currency deposit, the investor will get back the capital amount in the original currency if the EUR/HUF exchange rate stays below the conditional exchange rate on the day preceding the maturity date.
In the case of forint deposit, the investor will get back the capital amount in the original currency if the EUR/HUF exchange rate stays above the conditional exchange rate on the day preceding the maturity date.
The fixed return is always paid in the initial currency.
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