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The IILM Sukuk Issuance Announcement

IM Research
By IM Research
8 years ago
The IILM Sukuk Issuance Announcement

Islam


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  1. IB Press Release Service Published on :​ ​ IslamicBanker.com Publications: h ​ ttps://www.islamicmarkets.com/publications The IILM Sukuk Issuance Announcement 8 February 2017 The IILM wishes to inform you that it will be conducting an auction on Wednesday 15th February, 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: Wednesday 15th February, 2017 Amount: USD840 Million Auction Settlement Date: Wednesday, 22nd February, 2017 Maturity Date of Certificate: Monday, 22nd May, 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