01 Oct 2020

We refer to the ‘Basic Terms of Yieldmax Margin Facility’, effective from 1 April 2020.

As stated in the term sheet, the promotional interest rate on debit balances at 3.75% is valid till 30 Sept 2020.

Please be informed that the Management has decided to revise the interest rate on debit balances from 3.75% to 3.50%, with effect from 1 October 2020. This new rate shall be valid till 31 March 2021 and subject to review thereafter