Mubasher: The Central Bank of Kuwait (CBK) on Tuesday issued KWD 240 million worth of bonds and related tawarruq with a 1.25% rate of return.
The offering was oversubscribed by 11.11 times with a total demand of KWD 2.67 billion, official data by the CBK showed.
These bonds will be matured in three months on 14 July 2020.
It is noteworthy that the previous bond issuance by the CBK was on 31 March with a total value of KWD 240 million and a return rate of 1.275%.
