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 bonds and tawarruq worth KD 240 million (around USD 792 million) with a three-month maturity term.

Source: Qatar News Agency