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Kuwait C.bank issues KWD 240m bonds

Kuwait C.bank issues KWD 240m bonds
Return on these bonds will be 1.75%

Mubasher: The Central Bank of Kuwait (CBK) has issued bonds and securitise valued at KWD 240 million, with maturity period of three months.

The issuance was covered 4.16 times, with total offers worth KWD 999 million, according to a recent statement.

Return on these bonds will be 1.75%, similar to the CBK’s latest issuance of KWD 240 million bonds on 17 October.