Time: 9.30am – 12.30pm
Venue: Jakarta, Indonesia
Time: 9.30am – 12.30pm
Venue: Jakarta, Indonesia
Kuala Lumpur, Malaysia – 12 October 2016. The International Islamic Liquidity Management Corporation (IILM) is pleased to announce that it has successfully conducted an auction of USD1.11 billion 3-month tenor Sukūk priced at 1.35389% profit rate.
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…
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