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Cagamas issues RM500mln Islamic commercial paper

Posted on 26 September 2012

Cagamas Bhd has issued a RM500 million three-month Islamic commercial paper, which will be listed and tradable under the Scripless Securities Trading System.
The unsecured promissory note will be redeemed at its full nominal value on maturity, ranking pari passu among Cagamas’ other papers and unsecured obligations, said the national mortgage corporation in a statement………………………………………..Full Article: Source

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