IILM REISSUES US$1.2 BLN SHORT-TERM SUKUK
newscatcher
2023-06-14 05:32
IILM REISSUES US$1.2 BLN SHORT-TERM SUKUK
KUALA LUMPUR, June 14 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of US$1.2 billion (US$1=RM4.62) short-term Sukuk with tenors of one month, three months and twelve months. The three series were competitively priced at 5.35 per cent for US$470 million (one-month tenor); 5.60 per cent for US$460 million (three-month tenor) and 5.65 per cent for US$ 270 million (12-month tenor). According to IILM, the Sukuk   re-issuance garnered a strong demand from both primary dealers and investors with a combined orderbook of US$1.

https://www.bernama.com/en/business/news.php?id=2197883

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