Cagamas concludes issuances of RM3.3bil worth of bonds, sukuk

KUALA LUMPUR: Cagamas Bhd has successfully concluded the issuances of RM3.3 billion worth of bonds and sukuk from both domestic and international markets, ahead of expected further monetary policies tightening by the US Federal Open Market Committee (FOMC) and Bank Negara Malaysia's Monetary Policy Committee (MPC) meetings this week.

It had successfully priced its RM500 million three-year ASEAN Social Sustainable and Responsible Investment (SRI) Sukuk, RM300 million three-year ASEAN Social Bonds, RM2.3 billion combined multi-tenured Islamic Medium Term Notes (IMTNs) and one-year S$65 million (S$1=RM3.35) Fixed Rate Euro Medium Term Notes (EMTN).