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CBK issues KD 240 million Tawarruq, bonds

The Central Bank of Kuwait (CBK) today announced the issuance of Tawarruq and bonds worth KD 240 million (about USD 792 million).

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

On January 3, the CBK issued bonds and Tawarruq worth KD 240 million (USD 792 million) with a return rate of 1.250 percent for a six-month maturity.

Source: Bahrain News Agency

ANE