Best in Malaysia

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This has been a year of modest recovery for Malaysia’s structured products markets. The Malaysian economy recorded just over 10% year-on-year growth for the first half of the year, prompting Bank Negara Malaysia to push through a series of three 25-basis-point interest rates hike starting in March. For makers of structured notes, the rate rises have been both a blessing and a challenge. On the one hand, the hike means that, when pricing capital-protected structures, issuers have a reasonable

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