Cagamas kicks off 2021 with bond, sukuk issuances worth RM710m

Cagamas Bhd has launched bonds and sukuk with aggregate issuances of RM710 million to fund the purchase of house financing, housing loans and industrial hire purchases from the financial system.

Its president and chief executive officer (CEO) Datuk Chung Chee Leong said the issuances comprised RM300 million Islamic commercial papers (ICPs), RM300 million conventional commercial papers (CCPs), RM55 million one-year conventional medium-term notes (CMTNs) and RM55 million three-year CMTNs. 

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