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Central Bank of Kuwait Issues KD 200 Million Bonds, Tawarruq

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Kuwait, May 01 (QNA) - The Central Bank of Kuwait announced on Monday the issuance of bonds and tawarruq valued at KD 200 million (about USD 660 million).

In a statement published by Kuwait News Agency (KUNA), the bank said that the issuance period is three months, with a return rate of 4.250 percent.

On April 17, the Central Bank of Kuwait announced the issuance of bonds and securitization of KD 240 million (about USD 792 million) for six months term.

(QNA)


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