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Kuwait C.bank issues KWD 160m bonds

Kuwait C.bank issues KWD 160m bonds
This bonds issuance has a return of 2%

Mubasher: The Central Bank of Kuwait (CBK) has issued bonds and securities worth KWD 160 million ($533.3 million) on Tuesday, according to a recent statement.

This bonds issuance has a return of 2%, with a three-month maturity that will end on 15 May.

The CBK noted that the bonds were covered one time at a total demand value of KWD 1.43 billion.

Noteworthy, the CBK’s latest bonds issuance was on 6 February at a total value of KWD 240 million.