CBK issues bonds totaling USD 660 mln

– The Central Bank of Kuwait announced Monday the allocation of bonds and “Tawarruq” with a total value of KD 200 million dinars (equivalent of around USD 660 million).

In a statement to KUNA, the bank said that the issuance period is three months with a return rate of 1.250 percent.

On October 19th, the Central Bank issued bonds and “Tawarruq” totaling 240 million dinars for the same return and terms.

Source: Kuwait News Agency