Cagamas president/CEO Datuk Chung Chee Leong said he was pleased with the successful conclusion of the S$ EMTN and ringgit issuances which were concluded post- recent downgrade of Malaysia’s sovereign rating by one of the international credit rating agencies, Fitch Ratings.
KUALA LUMPUR: Cagamas Bhd announced its aggregate issuances of RM1.9bil equivalent debt papers on Wednesday and bringing the year-to-date issuance amount to RM11.2bil.
The RM1.9bil issuance comprised S$130mil one-year Singapore dollar denominated fixed rate note (SGD EMTN), RM800 mil one-year conventional medium term notes (CMTNs) and RM700mil six-month conventional commercial papers (CCPs).
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