This document is the product manual of Jiangsu Bank's structured deposit for corporate customers, which introduces the characteristics of the product such as its name, type, risk level, currency, and issuance scale.
This document serves as a product manual for a corporate structured deposit issued by Jiangsu Bank. It outlines the specific terms of the '2021 No. 21 3 Months C' product, including its principal guarantee, floating return structure, and investment conditions.
The manual details the product's mechanics, which involve a one-way touch (put option) structure linked to the EUR/USD exchange rate. It explains the calculation methods for expected yields based on whether the exchange rate breaches a target lower limit during the observation period. Additionally, it comprehensively lists various risks, including market, policy, liquidity, and credit risks, and specifies the conditions under which the product may be terminated early or declared invalid. This manual is written in Chinese.
| Product Type | Principal-guaranteed floating return type |
|---|---|
| Product Risk Level | Low risk (★) |
| Issue Scale | 1 billion RMB |
| Issue Period | March 30, 2021 to March 31, 2021 |
| Structure Type | One-way touch (Put) |
| Establishment Date | April 1, 2021 |
| Interest Start Date | April 1, 2021 |
| Maturity Date | July 1, 2021 |
| Underlying Asset | Real-time EUR/USD price on Bloomberg |
| Observation Period | April 1, 2021 to June 29, 2021 |
| Target Lower Limit | Spot rate minus 0.0092 |
| Expected Annualized Yield (Low) | 0.8% |
| Expected Annualized Yield (High) | 3.9% |
| Cooling-off Period | 24 hours |
The minimum investment amount is 10 million RMB, increasing in increments of 10,000 RMB.
No, the product does not accept early termination by the customer during its term.
Payments are made before 24:00 on the first working day after the product maturity date.