Displaying 81-90 of 91 results.
MARC has assigned a preliminary rating of AAA to Cagamas MBS Berhad’s (Cagamas MBS) asset-backed Fixed Rate Serial Bonds of RM[2,410.0] million. The rating reflects the good quality of the underlying pool of government staff housing loans (GSHLs); overcollateralisation of [125.2]% which allows the transaction to withstand AAA default and prepayment stresses; and the strong transaction admini...
This article has been viewed 1504 times.
MARC has assigned a rating of AAAIS to Cagamas MBS Berhad’s (Cagamas MBS) mortgage-backed Sukuk Musyarakah Issuance of RM2,110.0 million. The rating reflects the quality of the securitized government staff Islamic home financing (GSIHF); overcollateralisation of 120.3% which allows the transaction to withstand AAA default and prepayment stresses; and, procedures in place to monitor the secur...
This article has been viewed 1512 times.
MARC has reaffirmed the long-term rating of Cagamas MBS Berhad’s (Cagamas MBS) RM1,555.0 million fixed rate serial bonds (CMBS 2004-1) at AAA. The reaffirmation reflects the performance of the securitised mortgage portfolio (Portfolio 2004-1) within stressed expectations; overcollateralization of 121.9%; and adequate collection and monitoring procedures employed in respect of Portfolio...
This article has been viewed 1373 times.
MARC has affirmed the long term rating of Cagamas MBS Berhad’s (Cagamas MBS) asset-backed Fixed Rate Serial Bonds of RM2,060.0 million at AAA. The affirmation reflects the satisfactory performance of the securitized mortgage portfolio; overcollateralisation of 141.0%; and adequate monitoring procedures employed in respect of the securitized portfolio by the transaction administrator, C...
This article has been viewed 1430 times.
MARC has affirmed the long term rating of Cagamas MBS Berhad’s (Cagamas MBS) asset-backed Sukuk Musyarakah Issuance (CMBS 2005-1) of RM2,050.0 million at AAAID . The affirmation is premised on the performance of the securitised mortgage portfolio; overcollateralisation of 138.8%; the stringent core and portfolio eligibility criteria, which serves to reduce credit risk of the obligors; deduct...
This article has been viewed 1466 times.
MARC has affirmed the long-term rating of Cagamas MBS Berhad’s (Cagamas MBS) RM1,555.0 million fixed rate serial bonds (CMBS 2004-1) at AAA. The affirmation is premised on the portfolio of securitised Government Staff Housing Loans (GSHL) performing within expectations under stressed scenario aided by the stringent core and portfolio eligibility criteria comprising mortgages of government pe...
This article has been viewed 1409 times.
MARC has assigned rating of AAA to Cagamas MBS Berhad’s (Cagamas MBS) RM2,060.0 million secured fixed-rate serial bonds. The rating is based on the stringent core and portfolio eligibility criteria, aimed at partially mitigating risk of delinquencies and defaults further reinforced by representations and warranties provided by the Federal Government of Malaysia (GOM); deductions of mortgage pay...
This article has been viewed 1488 times.
MARC has assigned indicative rating of AAA to Cagamas MBS Berhad’s (Cagamas MBS) RM[2,060.0] million secured fixed-rate serial bonds. The rating is based on the stringent core and portfolio eligibility criteria, aimed at partially mitigating risk of delinquencies and defaults further reinforced by representations and warranties provided by the Federal Government of Malaysia (GOM); deductions of...
This article has been viewed 1483 times.
MARC ASSIGNS RATING TO CAGAMAS MBS BERHAD’S ASSET-BACKED SUKUK MUSYARAKAH OF UP TO RM2,050.0 MILLION
MARC has assigned a rating of AAAID to Cagamas MBS Berhad’s (Cagamas MBS) asset-backed Sukuk Musyarakah Issuance (Sukuk Musyarakah) of up to RM[2,050.0] million. The rating is based on the stringent core and portfolio eligibility criteria, aimed at partially mitigating risk of delinquencies and defaults, further reinforced by representations and warranties provided by the Federal Government of M...
This article has been viewed 1535 times.
MARC has assigned rating of AAA to Cagamas MBS Berhad’s (Cagamas MBS) RM1,555.0 million secured fixed-rate serial bonds. The rating is based on the stringent core and portfolio eligibility criteria of the securitized mortgages, comprising mortgages of government pensioners only, the representation and warranty provided by the Originator, the Federal Government of Malaysia (GOM); deduction of mo...
This article has been viewed 1436 times.