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Kuwait C.bank sells KWD 200m securities

Kuwait C.bank sells KWD 200m securities
The bonds will be mature in three months on 29 January

Mubasher: The Central Bank of Kuwait (CBK) announced that the issue of KWD 200 million ($659.5 million) bonds and securities was covered 11.6 times.

The volume of these bonds and securities stood at KWD 2.3 billion, according to the latest data by the central bank.

The bonds will be mature in three months on 29 January 2019.

The last bond issue by the central bank had a value of KWD 240 million with a return of 2.75%.