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Kuwait C. bank issues KWD 240m bonds

Kuwait C. bank issues KWD 240m bonds
The bonds have a maturity period of three months

Mubasher: The Central Bank of Kuwait (CBK) has issued bonds and securities worth KWD 240 million ($792 million).

This bonds issuance will have a return of 2%, according to a recent statement by the CBK.

The bonds have a maturity period of three months.

Kuwait’s central bank plans to operate and control the liquidity levels in the domestic cash market in Kuwait by issuing these bonds.