Kuwait’s C. bank offers KWD 240m bonds

Mubasher: The Central Bank of Kuwait (CBK) has offered bonds and related tawarruq at a total value of KWD 240 million, with a 1.25% rate of return.

The offering carries a maturity period of three months, according to official data by the CBK on Monday.

Bonds and related tawarruq are local bonds offered by the CBK to the banks working in the Kuwaiti financial sector to regulate the market’s liquidity.

Mubasher Contribution Time: 04-May-2020 10:42 (GMT)
Mubasher Last Update Time: 04-May-2020 10:48 (GMT)