Sukuk Fifth Monthly GainIslamic bonds gained for a fifth month, sending yields to the lowest levels since 2005, as faster growth in the Persian Gulf lured investors who expect new sales to recover after falling 27 percent this year.
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Oct
Sukuk Fifth Monthly GainIslamic bonds gained for a fifth month, sending yields to the lowest levels since 2005, as faster growth in the Persian Gulf lured investors who expect new sales to recover after falling 27 percent this year.
We are pleased with the successful conclusion of today’s transaction that witnessed a healthy coverage ratio across all tenors. Despite the uncertain global market environment coupled with the Federal Reserve raising interest rates for the ninth time in a row just two weeks ago, the IILM’s short-term cross-border Shari’ah-compliant liquidity instruments continue to be in…
Kuala Lumpur, Malaysia – 12 June 2019. Today, the International Islamic Liquidity Management Corporation (IILM) has successfully reissued short-term Sukūk amounting to USD 750 million in two tranches. The Sukuk were rated A-1 by Standard & Poor’s. The details of today’s reissuance are as follows: 1. USD 250 million with 1-month tenor at a profit…
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