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Kuwait C.bank issues KWD 240m bonds

Kuwait C.bank issues KWD 240m bonds
The bonds have a return of 2.625%

Mubasher: The Central Bank of Kuwait (CBK) announced that it has issued bonds and securities valued at KWD 240 million ($794.45 million).

This bonds issue will mature in six months, according to a recent official statement.

Kuwait’s central bank noted that the bonds have a return of 2.625% which is the highest since February 2008.

The CBK’s latest issue was on 26 June at a total value of KWD 200 million with a maturity period of three months, and a return of 2.50%.