Mubasher: The Central Bank of Kuwait (CBK) announced that it sold bonds and securities valued at KWD 200 million ($661.38 million), according to latest data by the CBK.
The bonds will be matured in three months on 25 September, with a return of 2.5%.
The central bank noted that this bond issue was covered 10.69 times, with a volume demand of KWD 2.13 billion.
Kuwait’s central bank seeks to rein in domestic cash inflows by issuing these bonds.
