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…
Kuala Lumpur, Malaysia – 23 September 2020. The International Islamic Liquidity Management Corporation (IILM) has been selected as The Islamic Finance Institution of the Year at ‘The Asset Triple A Islamic Finance Awards 2020’ ceremony that was live streamed on 23 September 2020. Read More (English)
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%;…
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