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Kuwait C.bank issues bonds, Tawarruq worth KWD 200m

Kuwait C.bank issues bonds, Tawarruq worth KWD 200m
The bonds have a maturity period of three months with a rate of return of 1.125%.

Mubasher: The Central Bank of Kuwait (CBK) on Monday issued bonds and related Tawarruq at a total value of KWD 200 million.

The bonds have a maturity period of three months with a rate of return of 1.125%, according to a statement on Monday.

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.