Mubasher: The Central Bank of Kuwait (CBK) has offered bonds and securities worth KWD 240 million for sale with a return of 2%.

This bonds issuance will mature in three months on 8 May, according to the central bank’s recent data on Tuesday.

At a total value of KWD 1.36 billion, the bonds were covered about 5.9 times.

On Monday, the CBK has announced the issuance of these bonds of which value and duration are equal to the central bank’s issue on 7 November with a return of 1.75%.

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