Kuwait C.bank’s KWD 200m bonds covered 11.9 times

Mubasher: The Central Bank of Kuwait has issued bonds and securities valued at KWD 200 million ($659.21 million) on Tuesday.

Kuwait’s central bank has raised the yield on bonds to 3%, the highest since January 2008.

Covered 11.92 times, the bonds will be matured in three months on 26 March 2019.

It is noteworthy that the central bank has kept interest rates unchanged on 19 December.

Mubasher Contribution Time: 25-Dec-2018 11:06 (GMT)
Mubasher Last Update Time: 25-Dec-2018 11:12 (GMT)