Time: 10.00 am – 1.30 pm
Venue: Doha, State of Qatar
Time: 10.00 am – 1.30 pm
Venue: Doha, State of Qatar
The secondary market especially, has seen a hive of activity with total trading volume reaching USD 2.23 billion as at the end of last year, which is the highest we have seen on an annual basis since inception Kuala Lumpur, Malaysia – 16 January 2023. The International Islamic Liquidity Management Corporation (“IILM”), an international…
Kuala Lumpur, Malaysia – 06 October 2020. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of USD1.1 billion short-term “A-1” rated Ṣukūk across three tenors of 1, 3 and 6-months. Read More (English)
The auction drew more than USD1.85 billion in demand with an average bid-to-cover ratio for the three tranches of 175% – an increase of 16% of the order book since last month issuances. With over 60 orders from diversified investors, the Islamic Primary Dealers got allocations across all tenors of up to 90% of…
Despite the resurgence of Global Ṣukūk issuances and the market’s shifting expectations on rates, today’s auction also witnessed several new investors participating at primary level for the first time. This underscores the global cross-border appeal of the IILM’s short-term Ṣukūk and our commitment to support the growth of the global Islamic financial system Kuala Lumpur,…
Comments are closed.