Best in Malaysia: CIMB Group

Best in Malaysia

Photo of Jennifer Yong
Jennifer Yong

This year, CIMB Group not only came up with a structured product that Malaysian investors were flocking to buy, but also gave its shiny new investment a great name.

The 5-Year Callable Power Range Accrual with Inverse Floater was launched in January 2013 and is the result of adapting and adding to the standard range accrual structure. The product pays 5.2% per year if the referenced six-month Kuala Lumpur Interbank Offered Rate (Klibor) stays within a specific range. It also has a step-up featur

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