Funding Arbitrage Callable Flippable Power Range Accrual FRNID
CIMB Bank Berhad
Report dated
30-Dec-16
Reference Index
6 Month KLIBOR
* 6-Month Kuala Lumpur Interbank Offered Rate as at 11 am daily fixing Kuala Lumpur time as published on Reuters page <KLIBOR>
4.50%
Product Information
Issuer
Product Code
Product Risk Profile
Issue Date
Coupon Payment
CIMB Bank
SD1426, SD1427, SD1428
Conservative
Weekly Issuances
Quarterly
Call Option
Quarterly, starting from the
fourth Coupon Payment Date
Flip Option
Quarterly, starting from the
fourth Coupon Payment Date
OPR Rate
KLIB6M Index
4.00%
KLIB3M Index
3.50%
3.00%
Features and Benefits
100% principal protection if held to maturity
Power range coupon, variable returns payable to
investors on quarterly basis, subject to the performance
of underlying Reference Index.
Call option exerciseable by the bank to early terminate
this product on the specified, call dates. Investors will
receive the Call Price (100%) multiplied by the Principal
Amount and the accrued and unpaid interest of that
Coupon Period
2.50%
2.00%
Funding Arbitrage strategy adopted to enhance potential
return from this product, which are all passed on to
investors
Flip option exerciseable by the bank to flip the returns
from power range coupon (variable) to fixed coupon,
payable quarterly, thereafter.
1.50%
Dec-07
Dec-08
Dec-09
Dec-10
Dec-11
Dec-12
Dec-13
Dec-14
Dec-15
Dec-16
(Source: Bloomberg)
Historical 6 Month Kuala Lumpur Interbank Offered Rate (6 Month KLIBOR)
High: 3.78% on 1-Jul-16
Date
KLIBOR 6M
1-Jul-16
2-Jul-16
3-Jul-16
4-Jul-16
5-Jul-16
6-Jul-16
7-Jul-16
8-Jul-16
9-Jul-16
10-Jul-16
11-Jul-16
12-Jul-16
13-Jul-16
14-Jul-16
15-Jul-16
16-Jul-16
17-Jul-16
18-Jul-16
19-Jul-16
20-Jul-16
21-Jul-16
22-Jul-16
23-Jul-16
24-Jul-16
25-Jul-16
26-Jul-16
27-Jul-16
28-Jul-16
29-Jul-16
30-Jul-16
31-Jul-16
3.78%
3.78%
3.78%
3.78%
3.78%
3.78%
3.78%
3.78%
3.78%
3.78%
3.78%
3.78%
3.77%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
Low: 3.52% on 26-Sep-16
Date
1-Aug-16
2-Aug-16
3-Aug-16
4-Aug-16
5-Aug-16
6-Aug-16
7-Aug-16
8-Aug-16
9-Aug-16
10-Aug-16
11-Aug-16
12-Aug-16
13-Aug-16
14-Aug-16
15-Aug-16
16-Aug-16
17-Aug-16
18-Aug-16
19-Aug-16
20-Aug-16
21-Aug-16
22-Aug-16
23-Aug-16
24-Aug-16
25-Aug-16
26-Aug-16
27-Aug-16
28-Aug-16
29-Aug-16
30-Aug-16
31-Aug-16
KLIBOR 6M
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
Average: 3.55%
Date
1-Sep-16
2-Sep-16
3-Sep-16
4-Sep-16
5-Sep-16
6-Sep-16
7-Sep-16
8-Sep-16
9-Sep-16
10-Sep-16
11-Sep-16
12-Sep-16
13-Sep-16
14-Sep-16
15-Sep-16
16-Sep-16
17-Sep-16
18-Sep-16
19-Sep-16
20-Sep-16
21-Sep-16
22-Sep-16
23-Sep-16
24-Sep-16
25-Sep-16
26-Sep-16
27-Sep-16
28-Sep-16
29-Sep-16
30-Sep-16
KLIBOR 6M
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.52%
3.52%
3.52%
3.52%
3.52%
Date
1-Oct-16
2-Oct-16
3-Oct-16
4-Oct-16
5-Oct-16
6-Oct-16
7-Oct-16
8-Oct-16
9-Oct-16
10-Oct-16
11-Oct-16
12-Oct-16
13-Oct-16
14-Oct-16
15-Oct-16
16-Oct-16
17-Oct-16
18-Oct-16
19-Oct-16
20-Oct-16
21-Oct-16
22-Oct-16
23-Oct-16
24-Oct-16
25-Oct-16
26-Oct-16
27-Oct-16
28-Oct-16
29-Oct-16
30-Oct-16
31-Oct-16
KLIBOR 6M
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
Date
1-Nov-16
2-Nov-16
3-Nov-16
4-Nov-16
5-Nov-16
6-Nov-16
7-Nov-16
8-Nov-16
9-Nov-16
10-Nov-16
11-Nov-16
12-Nov-16
13-Nov-16
14-Nov-16
15-Nov-16
16-Nov-16
17-Nov-16
18-Nov-16
19-Nov-16
20-Nov-16
21-Nov-16
22-Nov-16
23-Nov-16
24-Nov-16
25-Nov-16
26-Nov-16
27-Nov-16
28-Nov-16
29-Nov-16
30-Nov-16
KLIBOR 6M
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
Date
1-Dec-16
2-Dec-16
3-Dec-16
4-Dec-16
5-Dec-16
6-Dec-16
7-Dec-16
8-Dec-16
9-Dec-16
10-Dec-16
11-Dec-16
12-Dec-16
13-Dec-16
14-Dec-16
15-Dec-16
16-Dec-16
17-Dec-16
18-Dec-16
19-Dec-16
20-Dec-16
21-Dec-16
22-Dec-16
23-Dec-16
24-Dec-16
25-Dec-16
26-Dec-16
27-Dec-16
28-Dec-16
29-Dec-16
30-Dec-16
KLIBOR 6M
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.52%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
3.53%
The information, analysis and discussions in this document are provided by the issuer for information purposes only. While all information in
this document has been produced or compiled from sources believed to be reliable, the Issuer makes no representation as to its accuracy or
completeness. Past results are not a guarantee, and are not indicative of future performance. Nothing in this document is to be construed as a
solicitation or offer of legal, investment, tax or other advice or a recommendation to engage in any transaction.
WARNING
THIS PRODUCT IS PRINCIPAL GUARANTEED BY THE ISSUING BANK UPON MATURITY ONLY. IF THE PRODUCT IS
REDEEMED OR SOLD PRIOR TO MATURITY, THE CUSTOMER MAY LOSE PART OF THE INITIAL DEPOSIT
AMOUNT. THE RETURNS ON THIS PRODUCT ARE UNCERTAIN AND THE CUSTOMER RISKS EARNING NO
RETURNS AT ALL. THE CUSTOMER IS REMINDED THAT THIS PRODUCT IS NOT INSURED BY PERBADANAN
INSURANS DEPOSIT MALAYSIA.