About Us

About Us

Cagamas Berhad (Cagamas), the National Mortgage Corporation of Malaysia (马来西亚国家按揭机构), was established in 1986 to promote the broader spread of home ownership and growth of the secondary mortgage market in Malaysia. It issues corporate bonds and sukuk to finance the purchase of housing loans and receivables from financial institutions, selected corporations and the public sector. The provision of liquidity at a reasonable cost to the primary lenders of housing loans encourages further financing of houses at an affordable cost.

The Cagamas model is well regarded by the World Bank as the most successful secondary mortgage liquidity facility. Cagamas is the largest issuer of debt instruments in the Malaysian capital market. Since incorporation in 1986, Cagamas has cumulatively issued RM327.9 billion (as at 31 December 2019) of bonds and sukuk, which includes issuances by its wholly owned subsidiaries, Cagamas Global P.L.C. and Cagamas Global Sukuk Berhad which are also guaranteed by Cagamas.

Cagamas’ corporate bonds and sukuk continue to be assigned the highest ratings of AAA/Stable/P1 by RAM Rating Services Berhad and AAA/MARC-1 and AAAIS/MARC-1IS respectively by Malaysian Rating Corporation Berhad, denoting its strong credit quality. Cagamas is also well regarded internationally and has been assigned local and foreign currency long-term issuer ratings of A3 by Moody’s Investors Service Inc. that are in line with Malaysian sovereign ratings.

Ratings

Ram Ratings

Cagamas' corporate bonds and sukuk continue to be assigned the highest ratings of AAA/Stable/P1 by RAM Rating Services Berhad, denoting its strong credit quality.

MARC

Malaysia Rating Corporation Berhad has also assigned the highest ratings of AAA/MARC-1 and AAAIS/MARC-1IS on Cagamas' corporate bonds and sukuk.

Moody's Investors Service

Cagamas is well regarded internationally and has been assigned local and foreign currency long-term issuer ratings of A3 by Moody’s Investors Service Inc. that are in line with Malaysian sovereign ratings.

Vision

To promote homeownership and contribute towards nation development

 

Mission

homeownership

Support the Government's initiatives on homeownership

loan

Provide liquidity to the financial sector as a secondary mortgage corporation

capital

Contribute towards the growth of the capital markets, Islamic finance and other priority sectors through issuance of innovative instruments 

wealth

Offer bespoke risk and capital management solutions in line with the Company’s objectives
 

green

Embrace a culture of deploying sustainable initiatives

quality

Promote professionalism, integrity and good corporate governance

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