The National Mortgage Corporation of Malaysia ( Cagamas ) has continued its robust performance in the first half of 2025, raising a total of 17.1 billion ringgit ( US$4.02 billion ) in funding, more than doubling the 8.2 billion ringgit raised in the corresponding period in 2024.

This achievement, the company notes, comes against a backdrop of persistent global economic uncertainty, driven by renewed trade tensions, evolving tariff regimes and monetary policy recalibrations across major economies.

Building on its sustainability agenda, Cagamas continued to champion sustainability finance in 2025. The company ranked second among the top issuers of environmental, social and governance bonds, raising 800 million ringgit in total, comprised of 500 million ringgit in Asean Social SRI Sukuk and 300 million ringgit in Asean Social Bonds, reinforcing its commitment to inclusive growth and sustainability stewardship. These instruments support financing initiatives that promote social equity and responsible development, in line with Malaysia’s broader sustainability goals.

Looking ahead, Cagamas remains focused on strengthening the secondary mortgage market and advancing capital market development. These efforts are integral to ensuring sustained liquidity for primary lenders of home financing and housing loans, especially in a time of heightened global economic recalibration.

“In an environment shaped by shifting global trade dynamics and inflationary pressures, Cagamas remains steadfast in its mission to support Malaysia’s financial stability,” adds Kameel Abdul Halim, the company’s president and CEO. “Our ability to secure 17.1 billion ringgit in funding reflects the confidence placed in us by investors and our agility in navigating complex market conditions.

“The company to successfully execute six foreign currency bond issuances during the first half of the year, raising a total of S$893 million ( US$695.28 million ) or 3.0 billion ringgit equivalent. These issuances tapped into diverse global liquidity pools, strengthened our presence in international capital markets, while continued to provide support for asset-selling financial institutions amid global market headwinds.”