Cagamas was accorded the Market Pioneer Award in recognition of its RMB1.5 billion (US$244 million) Offshore RMB Bond for being the World’s First RMB-bond by a Mortgage Corporation. President/Chief Executive Officer, Mr. Chung Chee Leong represented Cagamas to receive the award at the 12th Annual RAM League Awards from YB Senator Dato' Sri Abdul Wahid bin Omar, Minister in the Prime Minister’s Department.