IILM ‘very close’ to agreeing bond debut in 2012 first half

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IILM ‘very close’ to agreeing bond debut in 2012 first half

The International Islamic Liquidity Management Corp (IILM), a body designed to issue short term Shariah-compliant instruments to improve liquidity management among Islamic banks, will sell its first bonds in the first half of 2012, according to Dr Zeti Akhtar Aziz, governor of Bank Negara Malaysia.

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