Kuala Lumpur, Malaysia – 13 July, 2016. The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it has successfully issued USD1.11 billion 3-month tenor Sukūk priced at 1.14910% profit rate. The Sukūk issuance of USD1.11 billion was made of: (i). USD860 million reissuance; & (ii). USD250 million new issuance.
The IILM’s Ṣukūk reissuance today witnessed a competitive tender among Primary Dealers and investors from markets across the GCC, Europe, and Asia, with a combined orderbook in excess of USD 2.05 billion, representing an average bid-to-cover ratio of 207%. Kuala Lumpur, Malaysia – 3 September 2024. The International Islamic Liquidity Management Corporation (IILM),…
Kuala Lumpur, Malaysia – 08 April 2020. The International Islamic Liquidity Management Corporation (IILM) has successfully conducted its auction amidst the challenging global market conditions by issuing three short-term A-1 rated Ṣukūk for a total amount of USD1.06 billion. The auction drew more than USD1.85 billion in demand with an average bid-to-cover ratio for the…
Comments are closed.