Kuwait central bank issues bonds, tawarruq worth KD 200 mln

Kuwait’s central bank (CBK) on Monday announced new bonds and related tawarruq valued at KD 200 million (around USD 660 million).

The new securities bear a maturity term of three months and a return rate of 3.375 percent, said a CBK statement.

On October 17, the central bank issued bonds and tawarruq worth KD 240 million (USD 792 million) with a six-month maturity and return rate at 3.750 percent.

Source: Kuwait News Agency

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