Sukūk Reissuance of USD 750 million
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 rate of 2.55%; and
2. USD 500 million with 3-month tenor at a profit rate of 2.60%.
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