Bonds/Sukuk

Bonds/Sukuk are debt securities whereby when you purchase a bond, you are lending money to the issuer. In return for the money invested, the issuer will pay you a specified rate of interest (a.k.a coupon) and repays the principal amount or par value upon maturity or when the bond is called.

• Receive periodic coupon payments at a pre-determined rate and period, and the par value upon maturity or when the bond is called by the issuer.
• Can be traded (buy or sell) prior to the maturity date, provided a counterparty is found at the best effort basis of the Bank.
• Minimum investment amount (depending on respective bond papers):
  • MYR Bond: MYR250,000
  • USD Bond: USD100,000
  • AUD Bond: AUD250,000
  • SGD Bond: SGD250,000
  • IDR Bond: IDR500million

• Diversify your investment portfolio as bonds can help reduce volatility and preserve capital for equity investors during the times when the stock market is falling.
• Bonds pay a fixed coupon payment at regular intervals on pre-determined dates, provided there are no defaults.
• Hedge against economic slowdown by making bond income a source of return.
• Enjoy capital appreciation by selling bonds after they have risen in price.
• Enjoy potential higher returns than Fixed Deposit.
• Bonds are generally less volatile than equities and therefore considered as conservative investment.
• Opt to diversify portfolio on foreign currencies investment.
• No upfront service charge, subscription fee, or redemption fee.

• Individual customers with total net personal assets exceeding Ringgit Malaysia Three Million (RM3,000,000) or its equivalent in foreign currency
• Companies with total net assets exceeding Ringgit Malaysia Ten Million (RM10,000,000) or its equivalent in foreign currency, based on the last audited accounts.