RM told me about this Callable Islamic Range Accrual (CIRA)

Capital guaranteed if hold 5 years
Get 5.5% as long as Klibor doesnt shoot beyond limit
Paid 3 monthly
Min RM65k only
Closing date Friday 24.6.22

Good deal if Klibor unlikely to shoot beyond those limits
What do you think?

3 more Central bank meetings this year, she confidently said total increase OPR max 0.25 each time, max 0.75,
so max OPR can go this year is 2.75, 
Klibor likely 3.1-3.2 still within limits

She made further prediction next year also OPR would increase little 0.2 max x 3= 0.6
--->OPR3.36, 
Klibor  3.7,
i may lose  1 quarter interest in May 2023,
in July  New Klibor limit 4.05 sets in, again i should get  paid 5.5%

then CIMB cant tahan paying 5.5%, likely call back

Ismail Sabri dared not increase OPR too much, rakyat suffering, loan expensive business  will collapse

she sounded so confident i hantam lah. ggod thing about this is i collect interest 3 monthly
and it is prorated from Central bank meeting date, calculated  daily basis

yeah that is the risk i take.

claw back No. 3 monthly whatever pocketed in is yours.

PS: Sold out  in 1 day, late orders did not get it.

surprisingly No! lower  barriers
coupon rate reduced ! that  should mean something right?
FD rate wont go up much......i guess
i booked early luckily