Kuwait issues bonds, tawarruq to the tune of $792m

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A picture of the Central Bank of Kuwait.
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March 28, 2022 7:53 pm
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  • According to a statement released by the bank, the rate of return is set at 1.625 percent
  • The bank also issued bonds and tawarruq as of March 21 valued at 220 million Kuwait dinars ($660 million) for three months standing at a rate of returns of 1.375 percent

The Central Bank of Kuwait has issued bonds and tawarruq for six months with an accumulated value of $792 million.

According to a statement released by the bank, the rate of return is set at 1.625 percent.

The bank also issued bonds and tawarruq as of March 21 valued at 220 million Kuwait dinars ($660 million) for three months standing at a rate of returns of 1.375 percent, local media reported.

 

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