Kuwait City, Kuwait--The Central Bank of Kuwait (CBK) has announced the latest allocation of issuance of bonds and tawarruq valued at $1.05 billion. In a statement, the CBK said that the value of the first issuance amounted to KD 160 million (about USD 528 million) for three months with a...
Kuwait Central Bank Issues Bonds, Tawarruq worth $792 million
The new securities bear a maturity term of six months and a return rate of 4.25 percent.Kuwait central bank issues $792 bonds, tawarruq for three months
The Central Bank of Kuwait (CBK) has issued bonds and related Tawarruq worth Kuwaiti Dinar 240 million ($792 million) payable in three months. The bank said in a statement, carried by state news agency KUNA, that the new securities have a return rate of 2.625 percent. Tawarruq is a financing...
Central Bank of Kuwait issues $792 million bonds
According to a CBK statement carried by state news agency KUNA, the new securities have a return rate of 2.625 percent.Central Bank of Kuwait raises discount rate by 2.75%
CBK Governor said the decision was taken in light of the recent international economic and geopolitical developments.
Kuwait issues bonds, tawarruq to the tune of $792m
The Central Bank of Kuwait has issued bonds and tawarruq for six months with an accumulated value of $792 million.
CBK plans $794 million bonds
The issue's maturity period is six months, with a return rate of 1.250 percent.
