Cagamas concludes bonds for affordable housing


“We are glad to see the increasing awareness and support given by investors on sustainability financing and issuances of such nature which would allow investors to deploy capital towards essential social needs,” said Cagamas president/chief executive officer Datuk Chung Chee Leong

KUALA LUMPUR: Cagamas Bhd has concluded its first double issuance of the Asean sustainability SRI sukuk (SRI sukuk) and the Asean sustainability bonds (sustainability bonds) totalling RM300mil, issued under the existing RM60bil Islamic/conventional medium-term notes programme.

The national mortgage corporation said the issuances comprised a three-year RM100mil SRI sukuk and RM200mil sustainability bonds and were issued to fund the purchase of eligible Islamic financing and housing loans for affordable housing.

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