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Kuwait C.bank issues KWD 360m bonds

Kuwait C.bank issues KWD 360m bonds
The bonds issue will have an interest of 2.375%

Mubasher: The Central Bank of Kuwait (CBK) has issued bonds and securities valued at KWD 360 million ($1.19 million), according to the latest data by the central bank.

The bonds issue will have an interest of 2.375%, while it has a maturity period of six months that is due on 27 November.

Kuwait’s central bank noted that this bonds issue was covered six times at a total value of KWD 2.1 billion.