Mubasher: The Central Bank of Kuwait (CBK) announced on Tuesday that it has sold bonds and securities valued at KWD 240 million ($792.98 million).

The latest bonds issue has a return of 2.75%, and the bonds will be matured in three months on 22 January.

The bonds were subscribed 10 times, with a total value of KWD 2.39 billion.

Kuwait’s central bank issues bonds and securities to regulate the liquidity and cash withdrawal in the local market.