Central Bank of Kuwait Issues Bonds, Tawarruq Worth KWD 240 Million

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Central Bank of Kuwait announced Monday that it has issued bonds and Tawarruq worth KWD 240 million (roughly USD 792 million).

In a statement, the Bank clarified that the issuance has a maturity of three months with a yield rate of 4.375 percent.

On Jul.1, 2024, the bank announced the allocation of bonds and Tawarruq of the same total value with a three-month maturity and the same yield rate.

Source: Qatar News Agency