Maybank enters Indonesia's nascent structured warrant market

With a total value up to IDR347.7 billion (US$22.9m), the listing on the Indonesia Stock Exchange (IDX) was undertaken by the equity & commodity derivatives team at Maybank Investment Bank Group with PT Maybank Sekuritas Indonesia acting as the issuer and liquidity provider. With the launch Maybank becomes the second structured warrant (SW) issuer in Indonesia after RHB Sekuritas Indonesia, a subsidiary of Malaysia's RHB Bank, first tapped the listed segment in September 2022 following the