Cagamas president/CEO Datuk Chung Chee Leong said the company had successfully priced its CCPs and ICPs issuances competitively at 21 bps to 24bps, above the respective MGC/ MGII.
KUALA LUMPUR: Cagamas Bhd has issued RM545mil of debt papers which comprised of RM300mil three-month conventional commercial papers (CCPs) and RM245mil three-month Islamic commercial papers (ICPs).
The National Mortgage Corporation of Malaysia said in a statement on Monday proceeds from the issuances wouldl be used to purchase housing loans and house financing from the financial system.
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