Central Bank of Kuwait issues KD 240 million bonds

KUWAIT, 22nd August, 2022 (WAM) — The Central Bank of Kuwait (CBK) issued CBK bonds and related Tawarruq worth KD 240 million (some US$792 million) payable in three months.

According to a CBK statement carried by state news agency KUNA, the new securities have return rate of 2.625 percent.

On 8th August, the Bank issued bonds and Tawarruq valued at KD 160 million (some US$ 526 million), with a three-month term and return rate of 2.375 percent.