Mubasher: The Central Bank of Kuwait (CBK) has issued bonds and related Tawarruq at a total value of KWD 240 million, according to a press release on Monday.
With a three-month maturity period, the issued bonds and related Tawarruq have a return rate of 1.125%.
It is noteworthy to mention that Tawarruq allows institutions to raise funds or debts to convert them to securities.
