10:40 AM MYT
Cagamas president and CEO Datuk Chung Chee Leong (pic) said there was continued interest in its short term papers, ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting last week.
KUALA LUMPUR: Cagamas Bhd issued RM300mil three-month Islamic commercial papers (ICPs) and the proceeds will be used to purchase of Shariah compliant assets.
The National Mortgage Corporation of Malaysia said on Tuesday the ICPs will be issued under the Islamic Commodity Murabahah structure.
Cagamas president and CEO Datuk Chung Chee Leong (pic) said there was continued interest in its short term papers, ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting last week.
Cagamas concludes issuance of RM200m Islamic MTNs thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
Cagamas president/CEO Datuk Chung Chee Leong said the RM1.5bil issuances comprised of two tranches of two-year conventional medium-term notes (CMTNs) with an issue amount of RM700mil and RM800mil.
KUALA LUMPUR: Cagamas Bhd has concluded the issuance of RM1.5bil in bonds which will be used to fund the purchase of housing loans from the financial system.
The National Mortgage Corporation of Malaysia said on Monday the issuances comprised of two tranches of two-year conventional medium-term notes (CMTNs) with an issue amount of RM700mil and RM800mil.
Cagamas president/CEO Datuk Chung Chee Leong said the RM700mil issuance was concluded via private placement.
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