Please understand what is OPR first.

URL: http://en.wikipedia.org/wiki/Overnight_policy_rate

Market is anticipating another 25 basis point up by end of the year.

Current OPR rate is at 3.25%

Yes. That's why investors are concerned and sensitive over interest rate as cheap money is not longer available especially at US, a lot of anxiety in the market whereby there's a potential for Federal Reserve to hike the interest rate for first time since financial tsunami in 2008.

2. When interest rate in US does go up, cheap money invested in other markets like emerging markets will go back to US. This will hit the currency and economy of the emerging markets. We saw this phenomenon last year when Federal Reserve started to say they wanted to end QE3. Countries depend on foreign fund like Indonesia, India and etc will suffer if their current current is not prepared for the outflow.

Of course, I'm just quoting examples from the developed market and in Malaysia, this may not happen but as interest rate goes up, loan is getting not cheaper.

This alone shows you how defensive we are. So people who like to have defensive diversification in Asia usually invest in Malaysia. I mean, where else would you invest if you wanted to invest in Asia?

You're correct about the first section.

About the second section, I may confuse you. The outflow of foreign fund will definitely affect Malaysia as we're still relying heavily on FDI. What I tried to highlight the correlation of extremely low or negative interest rate may not happen in Malaysia as of nearest future or decade unless Malaysia is heading to Greece path and we're stating to print money to become banana paper money.

Sorry to confuse you.

why rubbish? i managed to open mine with RM20. what is RM20 to RM10k or possibly more?

to lure auntie and uncle who dont understand effective interest rate p.a.

any person can open retail account there.

Are you currently pursuing a graduate course in a university?

I thought you do not prefer to put your $$$ into FD that yields less than 5%...why the change of heart?

Why not add the $$$ into your ASG...if your account is still active?

Oh, so you really are in the midst of completing your degree

The experience of placing a FD between PIDM & non-PIDM protected intitutions is almost the same...except for some glitches on occasional occurences 

PIDM will come into play when a member bank kena TKO...but that hasn't take place in Bolehland...yet.

Your parents are finacially savvy kot? More inclined towards property, UT & stock
Does it mean that you will pump more $$$ into MBSB to enjoy the rate & gifts?