Cagamas, Malaysia's state-controlled secondary mortgage agency and benchmark RMBS issuer, is looking to tap securitization investors again with an M$2 billion ($541.4 million) offering in the fourth quarter.

No banks have yet been approached by the agency to arrange the deal. However, it is probable Cagamas will follow the template of its three previous transactions by selecting a local bank for the domestic sale, while bringing on board a foreign house to source offshore investor interest.

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