Cagamas gets creative with funding base

Malaysia’s national mortgage corporation is actively thinking out of the box to slash funding costs.

Cagamas gets creative with funding base

A veteran local bond issuer since 1986, it wasn’t until 2014 that Kuala Lumpur-based Cagamas turned to international debt capital markets to diversify its funding base and to access finance more cheaply.

Such efforts are greatly appreciated by all players in the value chain from financial institutions to the average Malaysian homemaker because Cagamas plays an active role in promoting home ownership by making the cost of mortgages more affordable.

Via the...

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