Mubasher TV
Contact Us Advertising   العربية

Kuwait’s C. bank offers KWD 240m bonds

Kuwait’s C. bank offers KWD 240m bonds
The bonds have a three-month maturity period

Mubasher: The Central Bank of Kuwait (CBK) has offered bonds and related tawarruq at a total value of KWD 240 million, with a 1.25% rate of return.

The offering carries a maturity period of three months, according to official data by the CBK on Monday.

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.