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Cagamas concludes sukuk, bond issuances worth RM499m
3 May 2023 | Wednesday Source: The Edge Markets
KUALA LUMPUR (May 2): Cagamas Bhd has concluded the issuances of an aggregate RM499 million equivalent worth of sukuk and bonds in the domestic and international markets, bringing total funds raised by the company to date in 2023 to RM6.34 billion.
The issuances comprised RM200 million in two-year Islamic medium-term notes (IMTNs) and S$90 million (RM300.7 million) in three-year Singapore dollar fixed-rate medium-term notes, the national mortgage corporation said in a statement on Tuesday (May 2).
