Strong demand sustained for the IILM’s short-term Ṣukūk

The transaction comprised USD 400 million 1-month tenor priced at 0.33%, USD 450 million 3-month at 0.36% and USD 250 million 6-month at 0.40%. Kuala Lumpur, Malaysia – 13 April 2021.The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it has successfully completed the auction for the reissuance of an aggregate of…

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The IILM concludes its third auction for 2021 for USD1.40 billion short-term Ṣukūk

The competitive tender resulted in significant interest from GCC and Asia-based Primary Dealers as well as other jurisdictions, with a strong orderbook in excess of USD 2.1 billion representing an average oversubscription rate of 1.5 times. Kuala Lumpur, Malaysia – 16 March 2021.The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it…

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The IILM concludes its second auction for 2021 with the highest reissuance amount of USD1.35 billion short-term Ṣukūk

Today’s second issuance of the year marks another milestone for the IILM as its highest issuance size since inception. The IILM’s engagement and partnership with its Primary Dealers and investors across various jurisdictions have resulted in robust demand for its Ṣukūk in the current low rate market environment. Kuala Lumpur, Malaysia – 15 February 2021….

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The IILM commences 2021 with USD 1.15 billion issuance of short-term Sukūk

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…

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The IILM completes its final transaction for 2020 with reissuance of USD 900 million Sukūk

  The transaction garnered strong demand from Primary Dealers and investors with a combined orderbook in excess of USD 1.45 billion, representing an average oversubscription ratio of 1.6 times.   Kuala Lumpur, Malaysia: The International Islamic Liquidity Management Corporation (IILM) announced that it has successfully completed its final reissuance for the year, with the auction…

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The IILM reissues a total of USD 1.070 billion Sukūk

Kuala Lumpur,  Malaysia – 10 November 2020.  The International Islamic Liquidity Management Corporation (IILM) announced that it has successfully reissued a combined total of USD1.070 billion short-term “A-1” rated Sukūk across three different tenors of 1, 3 and 6-months respectively. Read More (English)

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