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null IILM completes seventh auction with US$1.1 bil short-term sukuk

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IILM completes seventh auction with US$1.1 bil short-term sukuk

13 Jul 2021 | Tuesday Source: The Edge Markets

The International Islamic Liquidity Management Corporation (IILM) has successfully completed its seventh auction for 2021 today, by reissuing a total of US$1.1 billion short-term sukuk.

It said the short-term sukuk comprised US$400 million one-month tenor priced at 0.27%, US$500 million three-month at 0.3%, and US$200 million six-month at 0.36%.

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