May 29, 2023

Central Bank of Kuwait Issues KD 240 Million Bonds, Tawarruq

The Central Bank of Kuwait (CBK) issued on Monday bonds and tawarruq valued at KD 240 million (roughly USD 792 million).In a statement, CBK said that the securities bear a return rate of 4.375 percent and a maturity of six months.On May 22, CBK issued…