Cagamas completes sale of RM630m debt


PETALING JAYA: Cagamas Bhd has completed the sale of RM630mil multi-tenured conventional medium term notes (MTN), where proceeds from the issuance will be used to finance housing loans from the financial system.

The MTN will be issued in one, three, five, 10 and 15-year tenures at yields of 3.30%, 3.45%, 3.63%, 3.91% and 4.17% respectively and equivalent to a spread range of 30 basis points (bps) to 39 bps over Malaysian Government Securities.

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