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The IILM Sukuk Issuance Announcement

IB Insights
By IB Insights
7 years ago
The IILM Sukuk Issuance Announcement

Islam, Sukuk


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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 1 March 2017 Kuala Lumpur; The IILM wishes to inform you that it will be conducting an auction on Wednesday 8th March, 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: USD 760 Million for 3 Month Tenor Auction Date: Wednesday 8th March, 2017 Amount: USD 760 Million Auction Settlement Date: Tuesday, 14th March, 2017 Maturity Date of Certificate: Wednesday, 14th June, 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 Sukuk Issuance Announcement BNM Announcements