The IILM Reissues USD 600 million Sukūk

Nov

The IILM Reissues USD 600 million Sukūk

November 6, 2019
admin
Press Release

Kuala Lumpur, Malaysia – 06 November 2019. Today, the International Islamic Liquidity Management Corporation (IILM) has successfully reissued A-1 short-term Sukūk amounting to USD 600 million in two series with 1-month and 3-month tenors. The breakdown of today’s reissuances is as follows:

1. USD 300 million with 1-month tenor at a profit rate of 1.85%; and

2. USD 300 million with 3-month tenor at a profit rate of 1.91%;