CBK issues three-month bonds, Tawarruq worth KD 160 mln

KUWAIT, The Central Bank of Kuwait (CBK) said on Monday it issued KD 160 million (USD 528 million) worth of bonds and Tawarruq.

In a statement to KUNA, CBK said that the issue is valid for three months with a return rate of 2.5 percent, The CBK’s last issue of bonds and Tawarruq was on August 14 with a value of KD 160 million (USD 528 million) and a return rate of 2.5 percent.

Source: Kuwait News Agency