CMA considers approval for $2bn bonds

By: Ahmad Awad

Kuwait – Mubasher: The Capital Markets Authority (CMA) in Kuwait has approved issuing $4 billion worth bonds since 2015, chairman and managing director of CMA, Nayef Al-Hajraf, said.

There are $2 billion worth bonds being studied by the CMA to grant its approval, he added on the sidelines of a conference held by the authority on Wednesday.

Meanwhile, he noted that the CMA has approved in the past period the issuance of $700 million worth sukuk.

Translated by: Ingy ElSafy

 

MUBASHER Contribution Time: 14-Dec-2016 08:00 (GMT)
MUBASHER Last Update Time: 14-Dec-2016 08:00 (GMT)