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CBK issues nearly USD 800 mln worth of bonds

KUWAIT, Jan 16 (KUNA) -- The Central Bank of Kuwait on Tuesday announced latest stock and "tawarruq" issue at a total value of KD 240 million (USD 792 million) valid for three months, at a two percent proceed rate.
The CBK made the announcement in a statement to KUNA.
The central bank issues the bonds as a measure to maintain monetary market stability. (end) fnk.rk