$($a$)$ Describe a significant bond issuance by BNM and Cagamas Bhd influence the

investment strategies of institutional investors within Malaysia.

$(10$ marks$)$

$($b$)$ Appraise the bond issuance by Cagamas Bhd reflect on the broader corporate financing

environment in Malaysia. Your answer must infer about the health of the corporate bond

market in Malaysia.

$(10$ marks$)$

$($c$)$ Value of the bond if: $-$

$$ Market rate $=5$ percent

$$ Coupon rate $=6$ percent

$$ Bond Maturity $=10$ years

$$ Face value $=$ RM$1,000$