Cagamas concludes pricing for RM400m CCPS amidst market uncertainties

Cagamas concludes pricing for RM400m CCPS amidst market uncertainties

The Malaysian Reserve-News·2020-09-30 13:55

CAGAMAS Bhd has issued its RM400 million three-month conventional commercial papers (CCPs) to fund the purchase of housing loans from the financial system.

The national mortgage corporation secured strong interest for its short-term papers and priced its CCPs issuance competitively at 17 basis points above respective Malaysian Treasury Bills amid market uncertainties.

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