The issuance marks the first transaction for 2021 and forms part of the IILM’s “A-1” rated USD4.0 billion short-term issuance programme. The auction garnered favourable demand from both Primary Dealers and investors with a combined orderbook in excess of USD 2,079 million, representing an average oversubscription ratio of 1.8 times. Kuala Lumpur, Malaysia – 19…
Kuala Lumpur, Malaysia – The International Islamic Liquidity Management Corporation (IILM) wishes to announce that on 17 April 2014 it successfully reissued its USD860 million short-term Sukūk, rated A-1 by Standard & Poor’s Rating Services. The Sukūk, which have a tenor of 3 months, were successfully priced with an average yield of 0.52635%.
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