Malaysia's IILM to issue USD490 m Islamic bonds


(MENAFN) The Malaysia-based International Islamic Liquidity Management Corp, or IILM, plans to issue USD490 million worth sukuk next week, according to Khaleej Times



The news was released after expanding its issuance program to USD1.35 billion in January



The company has already sold USD860 million three-month paper in January



An official at one of the primary dealers said that primary dealers have held on to the IILM instruments after auction


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