Cagamas concludes RM110mil bond, sukuk pricing

“On the domestic front, demand for fixed-income instruments remain supportive due to the easing of monetary policy and fiscal stimulus packages, coupled with benign inflation outlook, ” said president/chief executive officer Datuk Chung Chee Leong. (pic)

KUALA LUMPUR: Cagamas Bhd, the National Mortgage Corp of Malaysia, has announced its RM110mil issuance comprising one-year conventional medium-term notes and Islamic medium-term notes.

Proceeds from the issuances will be used to fund the purchase of housing loans and house financing from the financial system, it said in a statement today.