evergreen
24-08-11, 15:19
Receive yearly payout plus minimum Maturity Variable Interest totaling 6.0% of the Principal Amount over 5 years and 11 months (equivalent to an effective interest rate of 1.01359% a year)
Get 100% of your Principal Amount back on maturity
Earn Maturity Variable Interest of up to 5% linked to 6-month SGD Swap Offer Rate (SOR)*
See details at UOB:
http://www.uob.com.sg/personal/investments/structured/UOB_SD_Series_8.html?s_pid=pfg001&s_cid=1025
So if SOR is negative, they will cut your interest? :scared-4:
I'm not signing up. Just happened to see it.
Get 100% of your Principal Amount back on maturity
Earn Maturity Variable Interest of up to 5% linked to 6-month SGD Swap Offer Rate (SOR)*
See details at UOB:
http://www.uob.com.sg/personal/investments/structured/UOB_SD_Series_8.html?s_pid=pfg001&s_cid=1025
So if SOR is negative, they will cut your interest? :scared-4:
I'm not signing up. Just happened to see it.