| Counter |
Grade |
MV of security |
Tiered Rate |
| Company ABC (AUD) |
1 |
S$50,000 |
5.25% |
| Company DEF (SGD) |
3 |
S$50,000 |
5.50% |
| Company GHI (USD) |
4 |
S$20,000 |
7.50% |
| Total |
- |
S$120,000 |
- |
*MV = Marginable Value
Blended Interest Rate =
5.73% p.a.
What happens when the promotion ends?
The normal QPL scheme will kick in when the QPL+ promotion ends. To view the normal rates, click here.
Important Notes
For full terms and conditions of Quality Priced Loan Plus promotion (“Promotion”),
click here.
Borrowing to finance the trading of securities (leveraging/gearing) carries a high degree of risk. If the value of the collateral declines substantially, falling below the maintenance margin requirement, you may be called upon to deposit substantial additional funds or collaterals on short notice in order to maintain your position. If you fail to comply with a request for additional funds or collaterals within the specified time, your position may be liquidated at a loss and you will be liable for any resulting deficit in your account. Trading in foreign securities includes, but is not limited to, currency risks and rules and regulations peculiar to the respective foreign stock markets.
Customers should note that there are limitations and difficulties in using examples, tables or illustrations to provide a full explanation or depiction. All information, statements, figures, content, explanations, examples, and details (collectively, the “Information”) contained above is intended for illustrative and/or information purposes only and should not be relied upon for any purpose whatsoever. Customers should, in the event of any doubt as to how to read or understand the examples, tables, illustration or information, contact OCBC Securities Private Limited for a fuller explanation, depiction or further details.
