Cagamas concludes pricing of RM1.3bil worth of bonds, sukuk


KUALA LUMPUR: Cagamas Bhd has announced the pricing of RM1.3 billion worth of bonds and sukuk, amid soft market conditions as most investors stayed on the sidelines ahead of the United States (US) Federal Open Market Committee (FOMC) meeting.

In a statement today, the national mortgage corporation said proceeds from the issuances will be used to fund the purchase of eligible sustainability assets, housing loans and house financing from the domestic financial system.

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Cagamas , bonds , sukuk , issuance ,  Chung Chee Leong , FOMC

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