Mubasher: The balance of the total public debt instruments, including bonds and tawarruq operations since April 2016, registered an increase of KWD 1 billion in September 2017 compared to the end of June 2017, Al Shall Consulting reported, according to the Central Bank of Kuwait’s (CBK) monthly statistical bulletin for September 2017.

Total public debts instruments in Kuwait grew to KWD 4.967 billion in September, accounting for about 14.8% of the nominal gross domestic product (GDP) for 2016 at about KD 33.5 billion.

Return on public debt instruments for one year was 2.000%, while it was 2.250% for two years, 2.500% for three years, 3.000% for five years, 3.375% for seven years, and 3.875% for ten years, Al Shall added.

“Total credit facilities to residents offered by local banks in the end of September 2017 scored about KWD 35.823 billion, about 56.7% of total local banks’ assets, a rise by about KWD 281.5 million, above their value in the end of June 2017, a quarterly growth rate by about 0.8%,” Al Shall added.

Total value of installed loans in Kuwait banks scored about KWD 10.733 billion, or 71.4% of the total value of personal facilities.