KUALA LUMPUR: Cagamas Bhd, through its wholly-owned subsidiary, Cagamas Global Plc, yesterday made its debut in the international bond market by successfully printing the first and largest Chinese yuan bond by a Malaysian issuer with a three-year 1.5 billion yuan offering at a fixed coupon rate of 3.7% per annum.
Proceeds from the issuance would be used to purchase mortgage loans from the financial system, it said in a statement here yesterday.
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