Cagamas raises RM550mil from bonds, sukuk


Proceeds from the maiden issuances for 2023 will be used to fund the purchase of house financing and eligible assets from the domestic financial system, Cagamas said.

PETALING JAYA: Cagamas Bhd raised RM550mil from a RM500mil five-year Islamic medium-term notes (IMTNs) and RM50mil via a five-year conventional medium term notes (CMTNs).

The proceeds from the maiden issuances for 2023 will be used to fund the purchase of house financing and eligible assets from the domestic financial system, the national mortgage corporation stated yesterday.

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Cagamas , Islamic , notes , RAM , bonds

   

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