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CBK issues bonds, tawarruq worth KD 240 mln

The Central Bank of Kuwait (CBK)
The Central Bank of Kuwait (CBK)
KUWAIT, Jan 2 (KUNA) -- The Central Bank of Kuwait (CBK) announced Monday new CBK bonds and related tawarruq valued at KD 240 million (around USD 792 million).
The securities bear a return rate of 4.250 percent and a maturity of six months, according to a CBK statement received by KUNA.
On December 19, CBK issued bonds and tawarruq of the same worth; yet of a three-month term and a return rate of 4.125 percent. (end) mfs.hb