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CBK issues KD 360 mln in tawarruq, bonds

Central Bank of Kuwait (CBK) announced, Monday, the issuance of bonds and tawarruq valued at KD 360 million (approx. USD 1.19 billion).

CBK stated to KUNA that the issue’s maturity period is six months, with a return rate of 1.250 percent.

On the 15th of this current month, CBK had issued bonds and tawarruq valued at KD 240 million with a return rate of 1.250 percent

Source: Kuwait News Agency

ANE