Maybank debuts deposits linked to palm oil

News

Maybank in Singapore has launched the Regal Structured Deposit, claiming that the product is the first structured deposit linked directly to palm oil prices traded on Bursa Malaysia.

The two-year 100% principal-guaranteed deposit has a low minimum investment of S$10,000 (US$10,000). It pays a fixed return of 4% after the first three months for the Singapore dollar-denominated deposit, and pays 6% every year for the US dollar-denominated version.

Depending on the palm oil price, there can be a

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