Cagamas concludes pricing of RM300mil Islamic commercial papers


Cagamas president and CEO Datuk Chung Chee Leong

KUALA LUMPUR: Cagamas Bhd has concluded its first issuance for the fourth quarter of this year comprising RM300 million three-month Islamic commercial papers (ICPs).

The national mortgage corporation said the ICPs were priced at the corresponding three-month Kuala Lumpur Interbank Offered Rate (Klibor) plus five basis points (bps), or equivalent to 1.99 per cent based on Klibor fixing on the pricing date.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Willowglen unit lands two Singapore contracts worth RM46.6mil
Orkim Secures COA renewal from Petron Malaysia
CGC to implement RM10bil BNM-CGC portfolio guarantee schemes for MSME growth
Ramssol to expand human capital ecosystem with strategic acquisitions
PDC, Aspen formally close BKIP2 RFP matter
Pan Merchant unit wins RM26.49mil Selangor water project contract
Ringgit closes lower amid renewed US tariff concerns
Bursa Malaysia reverses earlier gains to end lower, dragged by losses in telco, banking stocks
Citaglobal unit bags RM37.79mil Penang LRT subcontract
SASC strengthens Islamic digital banking presence with Bank Muamalat deployment

Others Also Read