Securities Borrowing & Lending (“SBL") is a transaction that happens when a lender (you) lends securities to a borrower (Affin Hwang Investment Bank Berhad) for an agreed fee. A SBL can be recalled at any time - the fees are calculated on a daily basis and will be paid monthly. This is an excellent way to make your investment work a little harder for you with minimal risk with conditions for Securities Lending as per the below table:
Terms | Descriptions |
Tenor | Open basis (can be recalled by lender or returned by borrower at any time in accordance to the terms and conditions of Retail SBL agreement.) |
Securities Eligible For Lending | Bursa SBL Eligible Securities as published by Bursa Malaysia Securities, click HERE. |
Daily Fees Calculation | Fees are calculated daily and paid monthly Agreed Fee Rate x Loaned Quantity x Previous Day’s Closing Price of the loaned Securities / 365 Days |
Borrower | Affin Hwang Investment Bank Berhad is the borrower of the loaned securities |