CBK issues bonds, tawarruq worth KD 240 mln

The Central Bank of Kuwait (CBK) announced new CBK Bonds and related Tawarruq valued at KD 240 million (some USD 792 million).

The new security bear a maturity term of six months and a return rate of 3.750 percent, according to a CBK statement received by KUNA on Monday.

On September 21, the Bank issued bonds and tawarruq KD 290 million (nearly USD 957 million), with a three-month maturity term and a return rate of 2.625 percent.

Source: Kuwait News Agency