Cagamas president/CEO Datuk Chung Chee Leong (pic) said despite the continued downside risks on the global outlook, the company had successfully priced its CCPs and ICPs issuances competitively at 21bps to 24bps, above the respective Malaysian Government Securities/ Malaysian Government Investment Issues.
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 Corp of Malaysia said in a statement yesterday that proceeds from the issuances would be used to purchase housing loans and house financing from the financial system.
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!
