The largest bank in Malaysia has recorded an average 40% to 50% jump in structured product sales across Malaysia, Singapore and Thailand this year so far.
Maybank has started issuing step-down autocallable notes in Malaysia as the bank looks to attract investors to price in potential market corrections via the new offering. By progressively reducing knock-out barriers, the structure enhances the probability of achieving a capital-back outcome sooner, as markets recover First traded in early October, the product structure has seen US and Hong Kong-listed equities as the most-traded underlying exposures, led by Tesla, Arm Holdings, Advance