Kuwait C.bank’s KWD 160m bonds oversubscribed 13.8 times

Mubasher: The Central Bank of Kuwait (CBK) on Tuesday has sold bonds and securities at a combined value of KWD 160 million ($527.2 million) with a yield of 2.875%.

The six-month bond issue will mature on 11 June 2019, according to the CBK’s statement.

The Kuwaiti central bank further noted that the issue was oversubscribed 13.8 times at a total proposal value of KWD 1.7 billion.

Mubasher Contribution Time: 11-Dec-2018 07:46 (GMT)
Mubasher Last Update Time: 11-Dec-2018 08:02 (GMT)