Miscellaneous

CBK issues KD 200 mln Tawarruq, bonds

– The Central Bank of Kuwait (CBK) announced on Monday the issuance of Tawarruq and bonds worth KD 200 million (about USD 660 million).

The issue’s maturity period is three months, with a return rate of 1.125 percent, the CBK said in a statement to KUNA.

On July 12, the CBK issued bonds and Tawarruq worth KD 240 million (USD 792 million) with a return rate of 1.125 percent for a three-month maturity

Source: Kuwait News Agency

ANE