The IILM Reissues USD 1.05 billion Sukūk
Kuala Lumpur, Malaysia – 05 August 2019. Today, the International Islamic Liquidity Management Corporation (IILM) has successfully reissued A-1 short-term Sukūk amounting to USD 1.05 billion in three tranches with three different tenors of 1-month, 3-month and 6-month, respectively. The breakdown details of today’s reissuance are as follows:
1. USD 250 million with 1-month tenor at a profit rate of 2.25%;
2. USD 400 million with 3-month tenor at a profit rate of 2.30%; and
3. USD 400 million with 6-month tenor at a profit rate of 2.25%.
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