CIMB voted Best Domestic Bond House

COMMERCE International Merchant Bankers Bhd (CIMB) was again voted the Best Domestic Bond House in Asiamoney's Domestic Institutions Awards 2003, the bank said in a statement. 

Asiamoney is a monthly publication that provides in-depth coverage of the latest breaking developments in Asian finance, banking, investment and treasury. 

CIMB said the award was judged on its active involvement in and contribution to the development of the bond market. 

Since 1991 Rating Agency Malaysia Bhd (RAM) has estimated that CIMB managed RM46.1bil bonds, equivalent to 35.01% market share. 

RAM, in its private debt securities league table, ranked CIMB first by lead managers as well as the number of issues from 1991 to Dec 31, 2002, with a market share 15.69%. 

From January 2002 to March 2003, CIMB originated RM8.89bil bonds including RM1bil redeemable unsecured bonds for Khazanah Nasional Bhd and RM1.5mil Al Murabahah commercial paper/medium-term notes programme for Sime Darby Bhd. – Bernama 

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