The auction drew more than USD1.85 billion in demand with an average bid-to-cover ratio for the three tranches of 175% – an increase of 16% of the order book since last month issuances. With over 60 orders from diversified investors, the Islamic Primary Dealers got allocations across all tenors of up to 90% of…
Kuala Lumpur, Malaysia – 08 May 2019. Today the International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total amount of USD 600 million short-term A-1 Sukūk rated by Standard & Poor’s in two series as follows: 1. USD 200 million with 1-month tenor at a profit rate of 2.63%; and 2. USD 400…
Kuala Lumpur, Malaysia – 24 February 2015. The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it has successfully reissued USD990 million benchmark size short-term Sukūk.
Comments are closed.