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KUALA LUMPUR: Indonesia’s bonds have returned three times as much as Malaysia’s this year as policy makers in South-East Asia’s biggest economy embark on the longest easing cycle since the global financial crisis. Government securities in Indonesia returned 18% in 2016, while Malaysia’s rose 5.5%, less than the regional average.
Cagamas Bhd, the national mortgage corporation, is issuing RM350 million of two-year conventional medium-term notes. It said proceeds from the notes issue will be used to fund the purchase of housing loans from the financial system.
KUALA LUMPUR: Cagamas Bhd (Cagamas) is issuing a two-year RM350mil in debt notes to fund the purchase of housing loans from the financial system.
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is enjoying a twin boost as commodity prices rally and Islamic bond costs fall just as it considers borrowing.