Opened up my email and saw this. Sian 1/2. I only just recently started using MBKE margin facilities. In anycase, it is still yield accretive. Additional 0.4% is manageable.
Revision In Margin Financing Interest Rate
We would like to inform you that we will be revising our margin financing interest rates as follows:
- Fixed Income Securities Financing
Revised interest rate for SGD loan: 2.68% per annum
Revised interest rate for USD loan: 3.00% per annum
Revised interest rate for HKD loan: 3.00% per annum
- Grade Based Securities Financing
Revised interest rate for SGD loan for Grade 1 securities: 3.28% per annum
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| The above revised rates will take effect on 2nd January 2019. |
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