IILM successfully reissues US$820 mil short-term sukuk

KUALA LUMPUR (May 2): The International Islamic Liquidity Management Corporation (IILM) has reissued a total of US$820 million (US$1=RM4.46) short-term sukuk with tenors of one-, three- and six months.

IILM said the three series were priced competitively at 5.00% for US$200 million (one-month tenor), 5.17% for US$300 million (three-month tenor) and 5.19% for US$320 million (six-month tenor).

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