The new issue will mature in three months
Mubasher: The Central Bank of Kuwait (CBK) on Tuesday issued bonds and related tawarruq worth KWD 160 million ($527.7 million).
With a 3% average yield, the new issue will mature in three months, the CBK stated.
Bonds and related tawarruq are local bonds issued by the CBK to rein in liquidity in the banking sector.
Source:
Mubasher
