Kuala Lumpur, Malaysia – 11 January, 2017. The International Islamic Liquidity Management Corporation (IILM) today announced that it has successfully conducted an auction of USD1.11 billion short-term Sukūk.
The A-1 rated IILM Sukūk by Standard & Poor’s Rating Services were issued in two different series as follows:
i)A USD260 million 2-month tenor priced at a 1.21167% profit rate; and
ii)A USD850 million 3-month tenor priced at a 1.41483% profit rate.