Kuwait C.bank sells KWD 200m bonds

Mubasher: The Central Bank of Kuwait (CBK) has sold bonds and related tawarruq at a combined value of KWD 200 million ($662.22 million) for three months.

The three-month debt notes will mature on 25 December with a yield of 2.5%, the bank said in a statement.

Bonds were oversubscribed by 13.95 times at KWD 2.23billion.

Mubasher Contribution Time: 25-Sep-2018 08:36 (GMT)
Mubasher Last Update Time: 25-Sep-2018 09:37 (GMT)