President and chief executive officer Datuk Chung Chee Leong (pic) said Cagamas was pleased with the successful conclusion of the SGD EMTNs, HKD EMTNs and CMTNs issuances, amid market volatility due to the rising US Treasury yields which triggered a rout in bond markets globally.
PETALING JAYA: Cagamas Bhd has announced the successful conclusion of its aggregate issuance of RM1bil bonds, of which proceeds will be used to fund the purchase of housing loans from the financial system.
The issuances comprise S$130mil (RM397mil) one-year Singapore dollar denominated fixed rate medium-term notes (SGD EMTNs), HK$800mil one-year Hong Kong dollar denominated fixed rate MTMs (HKD EMTNs) and RM175mil one-year conventional MTMs (CMTNs).
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!
