KUALA LUMPUR: Cagamas Bhd today announced its 14th issuance for the year – a three-year, RM1 billion Cagamas Islamic Medium Term Notes (IMTN). In a statement, Cagamas said the IMTN represents the company and the country’s first ever dual tranche sukuk reopening. Chung said the successful conclusion of this dual tranche reopening signifies the company’s continued innovation within the local fixed income market and on-going strategic initiatives to promote secondary liquidity. He said as at September 8, 2017, Cagamas’ secondary trading volume stood at over RM5 billion. Cagamas said the new issuance will bring the company’s aggregate issuance for the year to RM8.5 billion.

Source: New Strait Times September 18, 2017 01:52 UTC