KUALA LUMPUR: AmBank Group has launched its first structured deposit product, AmStructured Deposit - Global Bourses, which is expected to yield returns of 24.5% upon maturity in three years.
The three-year floating rate negotiable instrument of deposit (FRNID), pays a fixed return of 2% in the first year while the returns for year two and three are determined by the performance of eight global bourses.
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