Fri, Dec 19, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Malaysia’s Cagamas announces Sukuk issuance

Posted on 16 July 2012

Cagamas Berhad (Cagamas), the National Mortgage Corporation, has announced the issuance of MYR 500 million ($157 million) one, three and five-year Cagamas Sukuk Wakalah Bil Istithmar (Sukuk Wakalah).
The Cagamas Sukuk Wakalah which will be redeemed at their full nominal value on maturity, are unsecured obligations of the company, ranking pari passu among themselves and with all other existing unsecured obligations of the company. They will be listed and tradable under the central bank, Bank Negara Malaysia’s Scripless Securities Trading System………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031