CBK allocates bonds, tawarruq valued at KD 240 mln

Central Bank of Kuwait (CBK) announced on Monday allocating bonds and “tawarruq” at the value of KD 240 million (around USD 792 million).

The CBK issued a statement saying that the maturity period is three months, with a yield rate of 1.125 percent.

The central bank issued bonds and tawarruq on January 24 at the value of 200 KD million (around USD 660 million) with a three-month maturity and a yield of 1.125 percent.

Source: Kuwait News Agency

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