MARC has affirmed the AAA rating of Cagamas MBS Berhad’s (Cagamas MBS) asset-backed fixed rate serial bonds (CMBS 2004-1) of RM1,555.0 million. The rating carries a stable outlook. CMBS 2004-1 is the first residential mortgage-backed securitization issuance by Cagamas MBS involving a portfolio of government staff housing loans (GSHLs). The affirmed rating and stable rating outlook reflect th...

MARC has affirmed the AAA/AAAID and MARC-1/MARC-1ID ratings on Cagamas Berhad’s (Cagamas) Conventional and Islamic Medium-Term Note Programme of up to RM40.0 billion (MTN Programme) and its Conventional and Islamic Commercial Paper Programme of up to RM20.0 billion (CP Programme) (collectively known as the Programmes), respectively.  The ratings carry a stable outlook. The ratings refle...

MARC assigned ratings of AAA/AAAID and MARC-1/MARC-1ID, respectively, to Cagamas Berhad’s (Cagamas) Conventional and Islamic Medium Term Note Programme of up to RM40.0 billion (MTN Programme) and Conventional and Islamic Commercial Paper Programme of up to RM20.0 billion (CP Programme) (collectively known as the “Programmes”) in June 2007. Following the ratings assignment, MARC i...

MARC has assigned ratings of AAA/AAAID and MARC-1/MARC-1ID, respectively, to the Conventional and Islamic Medium-Term Note Programme of up to RM40.0 billion (“MTN Programme”) and the Conventional and Islamic Commercial Paper Programme of up to RM20.0 billion (“CP Programme”) (collectively known as the “Programmes”)  to be issued by Cagamas Berhad (Cagamas)....

MARC has reaffirmed the long-term and short-term issuer ratings of Cagamas Bhd (Cagamas) at AAA and MARC-1 respectively. The reaffirmation reflects the strong ability and flexibility of Cagamas to meet its financial commitments, supported by a favourable portfolio of loans and debts with full recourse to the selling institutions, its strong capitalization and capable management team. As the countr...

MARC has reaffirmed the long-term and short-term issuer ratings of Cagamas Bhd (Cagamas) at AAA and MARC-1 respectively. The reaffirmation reflects the strong ability and flexibility of the Company to meet its financial commitments, supported by a favourable portfolio of loans and debts with full recourse to the selling institutions; its strong capitalization and a proactive and innovative managem...

MARC has reaffirmed the long-term and short-term issuer ratings of Cagamas Bhd (Cagamas) at AAA and MARC-1 respectively. The reaffirmation reflects the strong ability and flexibility of the Company to meet its financial commitments, supported by a favorable portfolio of loans and debts with full recourse to the selling institutions, its strong capitalization and a proactive management team. As the...

The long-term and short-term issuer ratings of Cagamas Berhad (Cagamas) have been reaffirmed at AAA and MARC-1 respectively. This reflects the strong ability and flexibility of the Company to meet its financial commitments, the favorable portfolio of loans and debts with full recourse to the selling institutions, strong capitalization and a proactive and innovative management team. As the countryâ...

Malaysian Rating Corporation Berhad (MARC) has affirmed the long-term issuer rating of AAA and short-term issuer rating of MARC-1 to Cagamas Bhd (Cagamas), following the review of Cagamas’ performance for financial year ended 31st December 2001.Cagamas’ ratings reflect the strong ability and flexibility of the Company to meet its financial commitments, the favorable portfolio of loans and debt...

Malaysian Rating Corporation Berhad (MARC) has assigned a short-term rating of MARC-1 to Cagamas Berhad’s RM200 million 1-year Cagamas (discount) Notes and long-term rating of AAA to Cagamas Berhad’s RM395 million 5-year fixed rate Cagamas Bonds issued on 12 September, 2002. The 1-year Notes and 5-year Bonds carry an average discount rate of 2.78% p.a. and an average coupon rate of 3.253% p....