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Saturday August 7, 2010

Cagamas issues RM230mil sukuk


KUALA LUMPUR: Cagamas Bhd, the national mortgage corporation and leading securitisation house, has issued a three-year RM230 million variable rate Sukuk Commodity Murabahah.

In a statement, Cagamas said the sukuk represented the largest ever rated, transferrable and tradable variable rate Commodity Murabahah note issuance by a corporate in the ringgit market to-date. — Bernama

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