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CBK issues KWD 280m bonds

CBK issues KWD 280m bonds
The offering will be due after six months

Mubasher: The Central Bank of Kuwait (CBK) has offered KWD 280 million worth of bonds and related tawarruq, with a 1.375% return rate.

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

It is worthy to mention that bonds and related tawarruq are local bonds offered by the CBK to banks working in the Kuwaiti financial sector to regulate the market’s liquidity.