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IILM Auction Details of Upcoming Sukuk Issuance Announcement

IB Insights
By IB Insights
8 years ago
IILM Auction Details of Upcoming Sukuk Issuance Announcement

Islam, Sukuk


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  1. IB Press Release Service Published on :​ ​IslamicBanker.com Publications: ​https://www.islamicmarkets.com/publications IILM ​Auction Details of Upcoming Sukuk Issuance​ Announcement 2 May 2017 Kuala Lumpur: The IILM wishes to inform you that it will be conducting an auction on Tuesday 9thMay 2017 in our Fully Automated System for Issuing/Tendering (FAST) for the issuance of the IILM Short-Term Trust Certificates under the issuance programme. Details of the Auction(s) are as follows: Auction: USD840 Million for 3 Month Tenor Auction Date: Tuesday 9th May 2017 Amount: USD840 Million Auction Settlement Date: Monday,22nd May 2017 Maturity Date of Certificate: Tuesday, 15th August 2017 Bids Submission Opening Time: 15:00 Kuala Lumpur time Bids Submission Closing Time: 18:00 Kuala Lumpur time Auction Result Announcement: 19:00 Kuala Lumpur time Organisation Name: News Type: Source: IILM Sukuk Issuance Announcement BNM Announcements