Kuwait C.bank issues KWD 75m bonds

Mubasher: The Central Bank of Kuwait (CBK) has issued bonds worth a total of KWD 75 million, with maturity of three months.

The issuance was covered 9.84 times, after receiving offers that were worth KWD 738 million, according to a recent statement by the CBK.

The return on this bonds issue, which will be matured on 12 December, is 1.75%.

It is noteworthy that the central bank has offered 13 bonds issuances since the end of March, with a total value of KWD 2.76 billion.

Mubasher Contribution Time: 12-Sep-2017 14:31 (GMT)
Mubasher Last Update Time: 12-Sep-2017 14:31 (GMT)