This product is a personal customer euro-dollar exchange rate three-tier区间knock-out structured deposit, with a product term of 52 days, principal and income currency of RMB, a planned issuance of 20 million yuan, a募集期from December 12, 2022 to December 14, 2022 at 23:00, a value date of December 16, 2022 and a maturity date of February 6, 2023.
This document is the product description and confirmation letter for Huashang Bank's personal customer structured deposit numbered GR-20221216001. It states a 52-day term, RMB principal and yield currency, planned issuance of 20 million RMB, subscription from 2022-12-12 to 2022-12-14, value date 2022-12-16, maturity date 2023-02-06, minimum purchase of 10,000 RMB in 10,000 RMB increments, and a three-tier knock-out (bullish) structure linked to the EUR/USD spot exchange rate.
It also describes the 2023-02-02 observation date, observation limits of initial price times 108.40% and 86.00%, expected annualized yields of 3.60%, 3.40%, and 1.35%, risk level 2 (medium-low), no early redemption, 100% principal payment, and customer handling, disclosure, and risk assessment procedures. This manual is written in Chinese.
| Product number | GR-20221216001 |
|---|---|
| Product term | 52 days |
| Principal and yield currency | RMB |
| Planned issuance size | 20 million RMB |
| Subscription period | 2022-12-12 to 2022-12-14 23:00 |
| Value date | 2022-12-16 |
| Maturity date | 2023-02-06 |
| Minimum purchase amount | 10,000 RMB, increments of 10,000 RMB |
| Derivative structure | Three-tier knock-out (bullish) |
| Underlying | EUR/USD spot exchange rate |
| Observation date | 2023-02-02 |
| Observation upper limit | Initial price x 108.40% |
| Observation lower limit | Initial price x 86.00% |
| Expected maximum annualized yield | 3.60% |
| Expected middle annualized yield | 3.40% |
| Expected minimum annualized yield | 1.35% |
| Risk level | Level 2 (medium-low) |
| Interest basis | Actual days/365 |
| Early redemption | Not allowed |
| Principal payment | 100% |
The product term is 52 days, with a value date of 2022-12-16 and a maturity date of 2023-02-06.
The expected maximum, middle, and minimum annualized yields are 3.60%, 3.40%, and 1.35%, respectively.
No, the product cannot be redeemed early.
The product risk level is Level 2 (medium-low), suitable for cautious, steady, aggressive, and radical personal customers.