Kuwait C.bank issues KWD 160m bonds

Kuwait C.bank issues KWD 160m bonds
The central bank issued KWD 240m bonds and securities last week

Mubasher: The Central Bank of Kuwait (CBK) announced issuing bonds and securities at a total value of KWD 160 million ($527.2 million).

The bonds hold a maturity period of three months, with a return of 3%, according to the central bank’s latest data.

Last week, Kuwait’s central bank issued bonds and securities at a total of KWD 240 million, holding a three-month maturity period that ends on 7 May 2019.