Cagamas president and CEO, Datuk Chung Chee Leong said on Monday the CCPs were competitively priced.
KUALA LUMPUR: Cagamas Bhd has successfully priced its RM150mil three-month conventional commercial papers (CCPs) which would be used to fund the purchase of housing loans from the financial system.
Cagamas president and CEO, Datuk Chung Chee Leong said on Monday the CCPs were competitively priced at the corresponding three-month KLIBOR benchmark rate plus 3 bps or equivalent to 2.31% based on KLIBOR fixing on the pricing date.
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