Cagamas concludes RM100mil three-year sukuk ahead of FOMC meeting


KUALA LUMPUR: Cagamas Bhd has successfully priced the RM100 million three-year Islamic Medium Term Notes (IMTNs) to fund the purchase of house financing from the financial system.

The transaction was successfully priced ahead of the widely expected further interest rate hike by the US Federal Reserve (Fed) in its efforts to contain inflation, said the National Mortgage Corporation of Malaysia.

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Cagamas , IMTN , sukuk , FOMC

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