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CBK issues bonds, Tawarruq worth KD 240 mln

CBK issues bonds, Tawarruq worth KD 240 mln
KUWAIT, April 16 (KUNA) -- The Central Bank of Kuwait (CBK) on Monday announced its most recent issues of bonds and Tawarruq (Islamic bonds) at a total value of KD 240 million (USD 792 million).
The issuance is valid for three months with a rate of return at 2.250 percent.
The last similar issuance of bonds and Tawarruq by the CBK was on April 8, with a total value of KD 240 million, valid for six months, with rate of return at 2.375 percent. (end) mfs.rk