CBK issues KWD200m bonds

Kuwait - Mubasher: The Central Bank of Kuwait (CBK) has issued three-month bonds worth KWD 200 million, to control liquidity in the market.

Returns on the bonds reached 1.75%, and it was oversubscribed by 430%.

Kuwaiti banks recently rose interests in deposits by 0.125% to 0.25%, after the CBK maintained interest rates at 2.75%.

Mubasher Contribution Time: 08-Aug-2017 21:01 (GMT)
Mubasher Last Update Time: 08-Aug-2017 21:01 (GMT)