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CBK plans $794 million bonds

By TRENDS Desk
November 16, 2021 9:50 pm
  • The issue's maturity period is six months, with a return rate of 1.250 percent
  • The CBK had issued bonds and tawarruq worth 160 million Kuwaiti Dinars at the beginning of this month, with a return rate of 1.125 percent for a six-month maturity

The Central Bank of Kuwait (CBK) will issue tawarruq and bonds to the tune of $794 million, the bank said in a statement.

The issue’s maturity period is six months, with a return rate of 1.250 percent.

The CBK had issued bonds and tawarruq worth 160 million Kuwaiti Dinars at the beginning of this month, with a return rate of 1.125 percent for a six-month maturity.

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