Kuwait – Mubasher: The Central Bank of Kuwait (CBK) on Monday issued KWD 240 million ($792 million) bonds.

The bond’s maturity is three months, with a return of 2%, according to the Kuwait News Agency (KUNA).

The new bond issue is coinciding with the maturity date of another KWD 240 million bond issue announced on 24 October 2017.

Kuwaiti government aims to fund its budget deficit by issuing bonds.