Kuwait central bank issues KD 290 mln bonds, Tawarruq

KUWAIT, Kuwait’s Central Bank (CBK) said on Monday it issued KD 290 million (USD 957 million) worth of bonds and Tawarruq.

The issue is valid for three months with a return rate of three percent, CBK said in a statement.

Kuwait’s central bank last month issued bonds and Tawarruq worth KD 240 million (USD 792 million) with a similar return rate.

Source: Kuwait News Agency

Kuwait central bank issues KD 290 mln bonds, Tawarruq

KUWAIT, Kuwait’s Central Bank (CBK) said on Monday it issued KD 290 million (USD 957 million) worth of bonds and Tawarruq.

The issue is valid for three months with a return rate of three percent, CBK said in a statement.

Kuwait’s central bank last month issued bonds and Tawarruq worth KD 240 million (USD 792 million) with a similar return rate.

Source: Kuwait News Agency