the IILM has achieved year-to-date cumulative issuances totalling USD 14.12 billion across 36 US dollar-denominated short-term Ṣukūk series, which is the highest to date since our inaugural issuance in 2013 and a significant milestone in the organisation’s history The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it has successfully completed the…
Kuala Lumpur, Malaysia – 9 July, 2015. The International Islamic Liquidity Management Corporation (the IILM) is pleased to announce that it has successfully reissued USD860 million 3-month tenor Sukūk priced at 0.58325% profit rate.
We are indeed pleased with today’s auction that saw the 6-month tenor, especially, fully covered within the first five minutes, reflecting investors healthy appetite for the tenor. Today’s auction is also made more meaningful as it marks 10 years since the IILM issued its inaugural short-term Ṣukūk in August 2013 Kuala Lumpur, Malaysia –…
The auction garnered an order book of more than USD 1.17 billion, bringing the average bid-to-cover ratio of the two tranches to 195% Kuala Lumpur: Today, the International Islamic Liquidity Management Corporation (IILM) has successfully conducted its auction by issuing two short-term A-1 rated Ṣukūk for a total amount of USD 600 million….
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