UPDATE 2-Malaysia's CIMB says in 10 bln rgt debt programme

Newswire

(Adds details of bonds so far rated in paragraph 7) KUALA LUMPUR, Aug 21 (Reuters) - Malaysia's second-largest lender, CIMB Bank, plans to sell up to 10 billion ringgit ($2.87 billion) in asset-backed bonds over 20 years, the bank said on Tuesday. The bonds, backed by car loans, would have maturities of one, three, five, seven and eight years with the first tranche of 505 million ringgit to be issued next month, said Patrick Khoo, CIMB Bank's head of securitisation and structured ...

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