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Kuwait C.bank issues KWD 240m bonds

Kuwait C.bank issues KWD 240m bonds
Kuwait’s central bank said that this bond issue has a maturity of three months with a yield of 2.75%.

Mubasher: The Central Bank of Kuwait (CBK) has issued bonds and securities valued at KWD 240 million ($793.28 million), according to a statement on Monday.

Kuwait’s central bank said that this bond issue has a maturity of three months with a yield of 2.75%.

It is noteworthy that the central bank’s latest three-month bond issue had a value of KWD 200 million with a return of 2.87%, the highest return since 2008.