The International Islamic Liquidity Management Corporation (IILM) has announced the successful completion of an auction for the reissuance of A1-rated short-term Sukuk worth USD 1.070 billion. According to a statement issued by the IILM on the 10th of November 2020, the Sukuk had an average oversubscription ratio of 145%, with a combined order book in…
Kuala Lumpur, Malaysia – 12 May 2020. The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total amount of USD 600 Million short-term A-1 rated Sukūk in two series as follows: a.USD 300 million with 1-month tenor at a profit rate of 0.33%; and b.USD 300 million with 3-month tenor at a profit…
The tender resulted in significant demand mainly from GCC-based Primary Dealers and investors, with an orderbook that closed in excess of USD 888 million for both tenors. Kuala Lumpur, Malaysia: Today, further to the successful update of the Issuance Programme from USD 3 billion to USD 4 billion, the International Islamic Liquidity Management…
Kuala Lumpur, Malaysia – 3 April 2013. The International Islamic Liquidity Management Corporation (the IILM) has announced a restructuring of its shareholding. The IILM has eleven shareholders consisting of central banks, monetary authorities and one multilateral institution. With the restructuring, the number of shareholders becomes ten. The total paid-up capital however remains unchanged. The Central…
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