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CBK issues KD 200 mln bonds, tawarruq

The Central Bank of Kuwait (CBK)
The Central Bank of Kuwait (CBK)
KUWAIT, July 25 (KUNA) -- The Central Bank of Kuwait (CBK) on Monday announced the latest issue of CBK Bonds and related Tawarruq at a total value of KD 200 million (nearly USD 660 million).
The financial tools, payable in three months, have return rate of 1.875 percent, according to a CBK statement.
On July 4, the Bank issued bonds and Tawarruq valued at KD 240 million (USD 792 million), payable in six months and at a return rate of 2.250 percent. (end) fnk.ht.gb