CBK sells KWD 240m bonds

Mubasher: The Central Bank of Kuwait (CBK) has sold bonds and related tawarruq at a value of KWD 240 million ($793 million) for three months.

Bonds will mature on 6 November with a yield of 2.5%, the bank said in a statement.

Bonds were oversubscribed by 9.7 times at KWD 2.33 billion.

Mubasher Contribution Time: 07-Aug-2018 08:41 (GMT)
Mubasher Last Update Time: 07-Aug-2018 08:54 (GMT)