Kuwait C.bank issues KWD 200m bonds

Mubasher: The Central Bank of Kuwait (CBK) has issued bonds and securities worth KWD 200 million ($668.68 million).

This bonds issuance has a return of 2.25%; the highest since March 2008.

Kuwait’s central bank has raised the discount price by 0.25% after the US Fed has raised interest rates.

The bond issuance was covered 9.06 times at a total value of KWD 1.8 billion.

These bonds will be matured in three months on 26 June 2017.

Mubasher Contribution Time: 27-Mar-2018 09:26 (GMT)
Mubasher Last Update Time: 27-Mar-2018 10:43 (GMT)