The International Islamic Liquidity Management Corporation (IILM) has announced the successful completion of an auction for the reissuance of A1-rated short-term Sukuk worth USD 1.070 billion. According to a statement issued by the IILM on the 10th of November 2020, the Sukuk had an average oversubscription ratio of 145%, with a combined order book in…
Kuala Lumpur, Malaysia – The International Islamic Liquidity Management Corporation (IILM) has today successfully conducted an auction of USD860 million 3 months A-1 rated Sukūk at a yield of 0.55635. The new issuance is part of the IILM Programme rated A-1 by Standard and Poor’s Rating Services. This issuance brings the total amount of the…
Given the size of the issuance today, which is the IILM’s largest Ṣukūk issuance for the year to date, we are very pleased with a successful auction that saw the offerings being oversubscribed Kuala Lumpur, Malaysia – 06 September 2022. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of USD 1.34…
Kuala Lumpur, Malaysia – 11 March 2020. The International Islamic Liquidity Management Corporation (IILM) conducted its third auction of the year by issuing a total amount of USD 800 million short-term A-1 rated Ṣukūk in three series. Strong global investor demand led to a total order book of USD 1.47 billion and a bid- to-cover…
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