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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