Mubasher: The Central Bank of Kuwait (CBK) has issued bonds and securities valued at KWD 160 million ($529.8 million).

This bonds issue has a return of 2.375% with a maturity period of six months that will end on 11 December.

Kuwait’s central bank noted that the bonds were covered 12.68 times with a total volume of KWD 2.03 billion.

The CBK intends to control cash inflow in the local market.