The bonds were offered at a 1.375% rate of return
Mubasher: The Central Bank of Kuwait (CBK) on Tuesday offered bonds and related tawarruq worth KWD 240 million, with a 1.375% rate of return.
The six-month issue was oversubscribed by 11.21% times and will be due on 29 September 2020, according to data by the CBK.
The offering’s total demand registered KWD 2.69 billion.
Last Tuesday, the central bank issued KWD 200 million worth of bonds, due in three months with a 1.25% return rate.
Source:
Mubasher
