quiet thread for the past few days...

Thanks for the update..  Really The King of RHB..

FD Rates at a Glance - Please update me if below rates are not updated. Thanks

Best 1 Month
(1) Mach 3.15%
---------
--------

Thanks so much to below Contributors: 
munkeyflo
McFD2R
pinpinmiao
gsc
cybpscyh
kingofong

I thought they will paid the interest in one lump sum when the FD is matured. From past experience with UOB, the interest earned will print on the receipt once u make the FD placement

  You the best liao, I love you.

Next month your turn to do summary   

Let BCC do the summaries and we all can love him.  

“Given robust growth dynamics, lingering inflation pressures and a preemptive move to guard against the build-up of financial imbalances, we think Bank Negara Malaysia may pursue another rate increase in September", Julia Goh, an economist at CIMB Group Holdings Bhd.

will be welcome by those with FD but those with loans 

Household debt growth has slow down from early year around 13% to now around 10%, so does inflation inched down from 3.4% to 3.3%

The household debt is the key reason why BNM want to raise rate recently.

It is far from conclusion that BNM will raise rate in Sept.

If the household debt still growing fast, and inflation is elevated, then yes, high probably OPR is going to be raised again, but now these 2 data showing slowing down trend.

it's means that there's no OPR changes in Sept by BNM.

then why the CIMB economist say about possibility of OPR change in Sept, something she know that we don't know about

This Salty Goat is extremely hamp-sap... 
So Top Goat, you do the next summary ah... .. Thank You

Maybank 12 months 3.85% promo is tiered rate.

Minimum 10k. One cheque one receipt.

On the back of strong GDP growth, mixed views on rate hike in Malaysia
http://www.thestar.com.my/Business/Busines...s-on-rate-hike/

huh? like tat one also got meh?

what I mean was why 6mth vs others 1year?

FD long term is much better those structured fund. I invested in Public Bank structured fund. One is 5 years and the other is 3 years 9 months (if I remembered correctly).
For 5 years, the return is about 3.5% which is low compared to 4.7% offered by MBSB.
The other even worse about 1% return.

It is inappropriate to compared a structured product with FD.

Structured product carries some risk in between to achieve high yield than normal FD rate, while if situation is not favourable to the structured product, it can result in zero return or lower return rate than the anticipated rate.

So it is different with FD entirely.

For FD "fans" the structured product that may suit to the appetite may be Klibor structured product, whereby there is nothing to lose in between.
For eg. a Klibor structured product that carries 5% return if Klibor doesn't exceed 4~4.5% in the next 5 years, you are paid 5%. If exceeded, zero return.

So if Klibor rate doesn't go up (or in other word FD rate doesn't go up), you get 5%.
While if Klibor rate goes up, you get zero from the structured product, but at the same time, your FD can get a raised FD rate already.

So in between, you have something to gain.