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The IILM Sukuk Issuance Announcement: Auction Details of Upcoming Sukuk Issuance

IM Press Release
By IM Press Release
6 years ago
The IILM Sukuk Issuance Announcement: Auction Details of Upcoming Sukuk Issuance

Islam, Sukuk


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  1. IB Press Release Service Published on :​ ​IslamicBanker.com Publications: ​https://www.islamicmarkets.com/publications The IILM Sukuk Issuance Announcement: Auction Details of Upcoming Sukuk Issuance The IILM wishes to inform you that it will be conducting an auction on Wednesday, 14th February 2018 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: USD500 million for 6 - Month Tenor Auction Date: Wednesday, 14th February 2018 Amount: USD500 Million Auction Settlement Date: Tuesday, 20th February 2018 Maturity Date of Certificate: Tuesday, 14th August 2018 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 Announcements BNM Announcements