Cagamas concludes RM715mil sukuk issuances

Cagamas Bhd has concluded a combined RM715 million worth of sukuk issuances, comprising one-year variable rate notes (VRNs), three-year Islamic medium term notes (IMTNs) and five-year IMTNs.

In a statement today, the national mortgage corporation of Malaysia said the proceeds from the issuances would be used to fund house financing from the domestic financial system.

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