Kuwait’s central bank issues KWD 160m bonds, securities

By: Ahmad Awad

Kuwait-Mubasher: The Central Bank of Kuwait issued on Tuesday bonds and securities worth KWD 160 million ($530 million), with a maturity date in six months.
The bonds, which have an interest rate of 1.125%, were four times oversubscribed.

Meanwhile, this week’s issuance value decreased by about 50% from last week’s KWD 240 million.

Translated by: Ingy ElSafy

 

MUBASHER Contribution Time: 15-Jun-2016 08:35 (GMT)
MUBASHER Last Update Time: 15-Jun-2016 08:35 (GMT)