The IILM Reissues USD 1.11 billion Sukūk
Kuala Lumpur, Malaysia – 11 September 2019. Today, the International Islamic Liquidity Management Corporation (IILM) has successfully reissued A-1 short-term Sukūk amounting to USD 1.11 billion in three tranches with three different tenors of 1-month, 3-month and 6-month. The breakdown of today’s reissuances is as follows:
1. USD 450 million with 1-month tenor at a profit rate of 2.10%;
2. USD 460 million with 3-month tenor at a profit rate of 2.15%; and
3. USD 200 million with 6-month tenor at a profit rate of 2.16%.
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