Cagamas concludes issuance of RM300 mln sustainability sukuk and bonds for affordable housing

Cagamas Bhd has concluded its first double issuance of the ASEAN Sustainability SRI Sukuk (SRI Sukuk) and the ASEAN Sustainability Bonds (Sustainability Bonds) totalling RM300 million, issued under the existing RM60 billion Islamic/conventional medium-term notes programme.

The national mortgage corporation said the issuances comprised a three-year RM100 million SRI Sukuk and RM200 million sustainability bonds and were issued to fund the purchase of eligible Islamic financing and housing loans for affordable housing.

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