While the IILM’s issuance this month appears to be quite sizeable at the tail end of the year, on the back of the markets’ intensifying expectations for a tighter policy by the Fed, we are pleased that the issuance for all tenors were fully subscribed at a competitive all-in profit rates The International Islamic Liquidity…

  The tender resulted in significant demand from Middle Eastern, Asian and African investors, with an orderbook that closed in excess of USD 1.72 billion, representing an average oversubscription rate of 1.62 times.   Kuala Lumpur, Malaysia : Today, the International Islamic Liquidity Management Corporation (IILM) has successfully conducted an auction for a total issuance…

Kuala Lumpur, Malaysia – 11 September 2019. Today, the International Islamic Liquidity Management Corporation (IILM) has successfully reissued A-1 short-term Sukūk amounting to USD 1.11 billion in three tranches with three different tenors of 1-month, 3-month and 6-month. The breakdown of today’s reissuances is as follows: 1. USD 450 million with 1-month tenor at a…