PETALING JAYA: Cagamas Bhd has successfully priced its RM150mil three-month conventional commercial papers (CCPs) which will be used to fund the purchase of housing loans from the financial system.
Cagamas president and chief executive officer, Datuk Chung Chee Leong, said the CCPs were competitively priced at the corresponding three-month Kuala Lumpur Interbank Offered Rate (Klibor) benchmark rate plus three basis points (bps) or equivalent to 2.31% based on the Klibor fixing on the pricing date.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!