Central Bank of Kuwait issues KD 200 mln Tawarruq, bonds

The Central Bank of Kuwait (CBK) said on Monday it has issued Tawarruq and bonds worth KD 200 million (about USD 660 million).

The issue’s maturity period is three months, with a return rate of 1.875 percent, read a CBK statement.

CBK last week issued bonds and Tawarruq worth KD 290 million (USD 957 million) with a return rate of 1.625 percent for a three-month maturity period.

Source: Kuwait News Agency

Categories