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Kuwait’s C. bank offers KWD 200m bonds

Kuwait’s C. bank offers KWD 200m bonds
The issuance has a three-month maturity

Mubasher: The Central Bank of Kuwait (CBK) on Monday offered bonds and related tawarruq at a total value of KWD 200 million, with a 1.250% return rate.

The bonds have a three-month maturity period, according to official data by the CBK. 

Bonds and related tawarruq are local bonds offered by the CBK to the banks working in the Kuwaiti financial sector to regulate the market’s liquidity.