Central Bank of Kuwait (CBK) announced on Monday allocating bonds and “tawarruq” at the value of KD 160 million (around USD 528 million).
The CBK issued a statement saying that the maturity period is six months, with a yield rate of 2 percent.
The central bank issued bonds and “tawarruq,” on April 25, at the value of 200 KD million (around USD 660 million) with a three-month maturity and a yield of 1.375 percent.
Source: Kuwait News Agency