Deutsche debuts Thai currency-linked notes

News

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Deutsche Bank (Thailand) has issued THB600 million (E9.9 million) worth of three-month currency-linked structured notes to institutional investors in Thailand.

The return on the baht-denominated notes will be linked to the three-month Thai baht fixed rate, which is based on the implied yield of offers in the onshore dollar/baht forward market. The rate will be fixed two business days before the maturity date. The notes, which were issued on August 29, will mature on November 29, and have re

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