In a statement, Cagamas said proceeds from the issuances would be used to fund the purchase of housing loans and house financing from the financial system.
KUALA LUMPUR: The national mortgage corporation Cagamas Bhd has announced a RM2bil combined issuances of bonds and sukuk.
The issuances comprise RM700mil three-month conventional commercial papers (CCPs), RM300mil Islamic commercial papers (ICPs), RM500mil one-year Islamic medium-term notes (IMTNs) and RM500mil one-year conventional medium-term notes (MTNs).
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