Cagamas Berhad ("Cagamas"), the National Mortgage Corporation and leading securitisation house, was established in 1986 to promote the secondary mortgage market in Malaysia. Cagamas has, through the years, evolved and diversified its business model from that of a national mortgage corporation seeking to aid Malaysians with affordable housing, to becoming a leader in securitisation.

Cagamas issues debt securities to finance the purchase of housing loans and other consumer receivables from financial institutions, selected corporations and the Government. The provision of liquidity, capital and risk management tools at a reasonable cost to the primary lenders of housing loans encourages further financing of houses at an affordable cost.

Cagamas is the second largest issuer of debt instruments after the Government of Malaysia and its debt securities have been rated AAA by RAM Rating Services Berhad and Malaysian Rating Corporation Berhad.

The role of Cagamas in todays market has evolved to include playing an important and active role as a catalyst for the Governments' and Bank Negara Malaysia's initiative for the economy and financial sector. They are:

1.Promotion of home ownership/home accessibility and affordability in Malaysia

2.Development of the Islamic financial sector

3.Enhance and support the stabilization of the financial sector in Malaysia

4.Development of the Malaysian and regional capital market

For more info please visit CAGAMAS