Cagamas raises funds worth RM4.8bil in October, the highest year to date

KUALA LUMPUR: National mortgage corporation Cagamas Bhd has concluded issuances worth RM4.8 billion in October, the highest monthly amount recorded so far in 2023.

The issuances comprise RM180 million three-month Islamic commercial papers, RM3.5 billion multi-tenured Islamic medium term notes, RM465 million multi-tenured conventional medium term notes, one-year S$150 million (RM520 million equivalent) medium term notes and RM158 million through other funding avenues.