Further to today’s reissuance, the IILM has achieved year-to-date cumulative issuances totaling USD 3.41 billion through nine Ṣukūk series. Kuala Lumpur, Malaysia – 14 March 2022. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of USD 1.2 billion short-term “A-1” rated Ṣukūk across three different tenors of one, three, and six-month…
The tender resulted in significant demand from Middle Eastern, Asian and African investors, with an orderbook that closed in excess of USD 1.72 billion, representing an average oversubscription rate of 1.62 times. Kuala Lumpur, Malaysia : Today, the International Islamic Liquidity Management Corporation (IILM) has successfully conducted an auction for a total issuance…
The auction garnered an order book of more than USD 1.17 billion, bringing the average bid-to-cover ratio of the two tranches to 195% Kuala Lumpur: Today, the International Islamic Liquidity Management Corporation (IILM) has successfully conducted its auction by issuing two short-term A-1 rated Ṣukūk for a total amount of USD 600 million….
Despite a challenging and highly volatile operating environment, we are pleased that the IILM is able to continue fulfilling the liquidity needs of the Islamic markets, with issuance for all tenors fully subscribed at a competitive all-in profit rates Kuala Lumpur, Malaysia – 18 April 2022. The International Islamic Liquidity Management Corporation (IILM) has successfully…
Comments are closed.